As IBM Stock Breaks Below Its 100-Day Moving Average, Should You Buy the Dip?

International Business Machines (IBM) shares have lost more than 6% this week after Anthropic launched new plugins for Claude Cowork, signaling it’s now moving into the application layer. The downward pressure on IBM has pushed its price below a key support level — coinciding with its 100-day moving average (MA), signaling the bearish momentum could sustain in the near-term. More News from Barchart Despite the recent selloff, IBM stock remains up more than 25% versus its August low. www.barchart.com ...