[IBM] trips down through major support

In the backlink I was pointing IBM lower.

Today's chart shows the shares breaking important support.  I count this per below.  To me, this is A breaching support.  It won't likely hold.  B will come backup above.  It's the C wave that will smash support for good.

My target today is the same as it was when I called IBM down at the very peak.  Namely $50.