IBM pre earnings analysis

International Business Machines CorporationNYSE

Description

⋅ Jul 17, 2018 8:54 PM

IF IBM gaps up into the green zone bull city.

IF IBM gaps DOWN into the green zone... that's the 200 SMA on a monthly. I'll look to fade like a PRO.

And if IBM gaps down into the purple box... I have no clue.I can't the sentiment. I'll just watch / wait and see.

Comment

⋅ Jul 19, 2018 4:31 PM

It did gap into the green zone. :-) I did not take the trade through. : ( Pre-occupied this morning :(

Chart Patterns IBM

Comments

oldlandreth

⋅ Jul 17, 2018 9:50 PM

IBM is a strange case, if it does move down it does not make that much difference really.
Anything can happen but if IBM is set to pay back stockholders their blockchain and mainframe and other B2B will be able to astound... sometimes this is actually an expense in looking for big time investors so perhaps expecting "at least" a really good bank account over a 2 year term should serve you very well... another possible outcome is saving some after a crash but IMO its after 60k DOW and you can sell before that....

Reallifetrading

⋅ Jul 17, 2018 9:53 PM

@oldlandreth, AHHH! Thank you for that! :-D

oldlandreth

⋅ Jul 17, 2018 10:20 PM

@Reallifetrading, some I am holding some of VPRB DRUS SOIL LIT MCIG MJNA I GBTC

Reallifetrading

⋅ Jul 18, 2018 2:28 AM

@oldlandreth, BEST OF LUCK Brother