IBM Short — IBM's short thesis gets fundamental backing as a sal
IBM’s bearish momentum setup is supported by a meaningful fundamental catalyst: a sales miss and concerns around enterprise spending/AI capex durability. The move is very extended after a record-style drop, so bounce risk is real, but the news confirms the short thesis enough to take it with reduced size.
📍 Entry: 206.08
🛑 Stop: 219.45
🎯 Target: 178.22
⚖️ R:R: 2.08
📍 Entry: 206.08
🛑 Stop: 219.45
🎯 Target: 178.22
⚖️ R:R: 2.08
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monk.trade — Trade setups and market intelligence
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.