Shares of IBM Corp., a giant in the field of hardware software development and sales, are correcting at 223.00.

Growth is possible.

On the daily chart, the third wave of the higher level (3) of 5 develops, within which the wave 5 of (3) forms. Now, the third wave of the lower level iii of 5 has ended, a correction has formed as the fourth wave iv of 5, and the wave v of 5 is developing. If the assumption is correct, the asset will grow to the area of 255.00–273.70. In this scenario, critical stop loss level is 203.00.