Bullish IBM to $140

No position currently but I'll be looking to buy calls tomorrow morning if this gets a pullback and goes red.

Mixed earnings but very solid free cashflow profile projection, a little growth and job cuts (cost savings).

Expectations:
software sales: Beat
Consulting: In-Line
Infrastructure: Small miss

PT: $140 (supply zone)

Comment:

Entry: $126.83

Trade active:

1st buy 300 shares @ 126.83
2nd buy 600 shares @ 125.00

900 shares @125.61 avg

Comment:

Stop loss limit added at 124.00

Good strength in a weak market.

Trade active:

+600 shares @ 125.85 prior to close.

1500 shares @ 125.70