Long IBM signal by Syed Foyez Uddin

IBM is currently in a deep 'Sentiment Hole' after the Anthropic Claude Code news. With an RSI under 30 and the stock trading at a 25-year record daily drop, a mean-reversion rally is highly probable. Targeting the $242.50 level (approx. 50% retracement of the crash) to coincide with the March 10 dividend payment date, which provides a psychological floor for institutional holders.