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Key Level On International Business Machines Corp.

As the markets float on the flat line, volume gets lighter and lighter. The markets may float higher later today, especially if the Dollar continues to pull back off the highs of the day. International Business Machines Corp. (NYSE:IBM) is trading off the lows of the day at $146.40. Should it move higher into the afternoon session, $147.50 will be a double top and great scalping opportunity. Join the Research Center to get swing trades, anlaysis, guidance and education.

Gareth Soloway
Chief Market Strategist
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