IBM show a small level double top
This figure shows the weekly candle chart of IBM's stock from the end of 2019 to the present. The graph overlays the bottom to top golden section at the beginning of 2020. As shown in the figure, IBM's stock tested the 2.000 position of the bottom up golden section twice in December 2022 and this month, completing the small level double top form! So for a period of time in the future, use the bottom of the graph to match the 1.618 position of the golden section as the watershed to judge the strength of IBM's stock!
This figure shows the weekly candle chart of IBM's stock from the end of 2019 to the present. The graph overlays the bottom to top golden section at the beginning of 2020. As shown in the figure, IBM's stock tested the 2.000 position of the bottom up golden section twice in December 2022 and this month, completing the small level double top form! So for a period of time in the future, use the bottom of the graph to match the 1.618 position of the golden section as the watershed to judge the strength of IBM's stock!