IBM: Quiet Rotation?International Business Machines CorporationBATS:IBMBenAurifexIBM showing one of the cleaner trend transition attempts in large-cap tech right now. After months of lower highs and sustained pressure beneath the moving averages, price exploded higher with a powerful expansion candle that reclaimed the green 10EMA, red 21EMA and immediately pressured the white 50SMA. Relative Strength vs SPY also sharply inflected higher, suggesting institutions may be rotating back into trusted enterprise infrastructure and AI workflow exposure rather than pure speculative AI momentum. The blue 200SMA remains the larger macro battleground overhead, but this move feels more like a genuine character change than a simple reflex bounce. Watching for: • consolidation above the 21EMA • continued RS improvement • hold after breakout expansion • eventual attack on the blue 200SMA region Interesting setup developing here.