Set Those Price Alerts-IBM

Last night I featured IBM with a few targets, today IBM is starting the move.

 We are coming up on the next resistance area around $206, the gap is still where I hope to see IBM.

 IBM short term is seeing a little pullback in to a decent early move.

 The 5 min  is still in line so it still looks like IBM can still make those targets.

 This 30 min chart is what is driving IBM's move, we are starting to see a hint of a relative negative negative divergence forming, this will probably go negative before a strong reversal.

Long term, the daily 3C chart shows the leading negtive divergence in to the 2012 move.