Shares of IBM Corp., a major player in hardware and software development and sales, are trading at 272.00.

The probability of growth 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 4-hour chart, the fifth wave (5) is forming, comprising the completion of the initial lower-degree wave 1 within (5) and the formation of a corrective phase as wave 2 of (5). If this scenario proves correct, the asset’s upward trend is expected to continue toward the 360.00–400.00 zone, with a critical stop-loss level at 256.40.