IBM (International Business Machines Corp) offers an objective long entry on this ~26% plunge to the 215ish support for a reflexive bounce trade targeting a ~9% (minimum) bounce with a ~3% stop-loss for a 3:1 R/R. Daily & weekly charts below.
IBM daily July 14th
IBM weekly July 14th
The current sole price target (T1) is just below the 234.78ish support with a suggested stop on a close below 208.82. Depending on how the charts develop going forward & assuming this “catch-a-falling knife” trade isn’t stopped out first, I might extend the final target to that potential second price target around 242 (a gap backfill).