The IBM Corp (NYSE:IBM) Daily Diagram Technical Analysis training shows the following:
It is exactly the same diagram from 10.07.2014. The IBM share has extended the bullish movement above the support trend line (green) as the new agreement with Apple came out. This support line is now above the KUMO, which means that the IBM is forcing its bullishness. The weekly diagram shows marginally bullish. The monthly is neutral.
So the first think in mind is how bullish will be the promise of the agreement between these companies. MACD is too bullish and RSI too. The volume in three last days is almost double than the usual.
We have no special candlestick pattern. The share is above the KUMO the Kijun Sen (blue line) and Tenkan Sen too (green line).
There is no special pattern. Friday movement closed the uptrend gap. The fib from $172.82 to $198.06 shows the support now of 0.764 ($192.10).