IBM (IBM) Expands AI and Cloud Technology Reach

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International Business Machines Corporation (IBM) is a global technology and consulting leader specializing in hybrid cloud, AI, and enterprise IT solutions. The company’s platform helps organizations modernize infrastructure, enhance cybersecurity, and drive digital transformation. IBM’s growth is fueled by the expansion of its AI-powered Watsonx platform, steady demand for cloud services, and its leadership in helping enterprises integrate AI and automation across global industries.

On the chart, a confirmation bar with rising volume highlights bullish momentum. The price has entered the momentum zone after moving above the .236 Fibonacci level. A trailing stop can be set just below this Fibonacci line using the Fibonacci snap tool, helping traders protect profits while leaving room for continued upside potential.

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