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Monday, June 13, 2005
IBM Will Breakout
Here is a look at the hourly chart price boxes in IBM. In a previous post I predicted that IBM would reach 106 by the end of the year. At the moment it looks to me like IBM has begun a breakout move which will carry it to the ½ point of the next box at 80.00 and then to the top of the same box at 82.70.