Shares of IBM Corp., a giant in the development and sale of hardware and software, are trading at 319.00 in an upward trend.

The probability of a decrease remains.

On the daily chart, the third wave of the higher level (3) appeared and the correction as the fourth wave (4) ended. On the four-hour timeframe, wave (5) is currently developing, with the initial lower-degree wave 1 of (5) already in place. If this scenario proves correct, the asset’s upward trend is expected to continue toward the 324.50–360.00 zone, with a critical stop loss level at 214.45.