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International Business Machines Corporation
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IBM oversold, potential rally coming

Por Trade_Integrity
Every time the monthly RSI has dropped to todays levels over the last 16 years we have seen a rally. With a retrace of even the smallest run here (39.55%) we could expect a price target of 170. In consideration with the RHT acquisition this could be significantly higher. I don't usually chart off RSI alone so this is purely speculation. I'm not looking to trade options here but I'm buying the stock long.
Chart PatternsIBMTechnical IndicatorsLONGRelative Strength Index (RSI)stocksignalsTrend Analysis
Trade_Integrity
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