HomeMarketsTechnical AnalysisChart of the Day: IBM's 10% Post-Earnings Sell-Off

Chart of the Day: IBM's 10% Post-Earnings Sell-Off

IBM Corp. (IBM) posted a beat in earnings but investors weren't swayed by its software revenue. Charles Schwab's own Kevin Horner shows that the stock moved below his support level, meaning that more downside price action is likely for IBM. However, Kevin sees a very solid support level further down that can lead to a bullish bounce back.

Morning Movers

24 Jul 2025

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