### Company Summary Advanced Micro Devices, Inc. (AMD) is an American semiconductor company based in Santa Clara, California, that develops computer processors and related technologies for business and consumer markets. While initially it manufactured its own processors, the company later outsourced its manufacturing, a practice known as fabless, after...
Big Blue has been one of laggards in the tech sectors. After years of innovation, performance has been lackluster. This has seen the share price under-perform as market participants seek higher growth counters. Technically we see the price attempting to break the downward trend line with the price also above the 20 and 50dma which is starting to turn up.
Let this plane take off and lets profit boys and girls. Expecting a throwback at upper black dashed resistance line.
huge reversal on the last 2 days for the daily candle target the 151.41 long if it is still appears bullish tomorrow.
I expect for IBM to test the 144 level once again. as its cycle pattern seems to be rolling over now.
I am not an IBM fan but heads up at these levels as I see undervaluation of IBM Possible safe play hedge --> long IBM + short a tech stock I will be entering a long position - I believe shortly- at $140 watching the action for now Keep it REAL!
IBM is very active and is investing in crypto. Crypto is know for his volatility and people are scared about it. If you don't like to buy crypto you can look for stocks who believe in crypto and are ready to do something with it. Crypto is game changing and as soon as people will understand the business applications in the real life of crypto you will really...
• Climbing towards trend resistance. •Currently undergoing Elliot Wave Wave 3 • MACD is looking positive and has room to grow. • Higher support levels • IBM Partnership • Sharia Law Compliance Announcement • Most recent price action climbs/dips coincide with FIB retracement levels • Forecasted FIB Extension coincides with previous resistances/support ***This...
We're back into the thick of earnings season again ... . NFLX (rank 64/implied 52) pops the top on Monday after market close, so you're going to want to slap anything you want to do on before session end to take maximum advantage of a volatility contraction play. Pictured here is a 20 delta iron condor in the weekly with a buying power effect of 6.59 per...
Because IBM has been building it's arsenal, oh yea, Amazon, Google, ect... Blah, IBM still has that aura about it, +IBM just announced a debate ai, \ LOL Just what I need right, Turn it on during a dinner conversation and Peace! Not exactly at the moment, Their plan is to- Help with Search, !?!!%$#$# yes, that consistent google search for item x, research...
Although there are quite a few earnings coming up next week, only two catch my eye from a premium selling standpoint: Twitter and U.S. Steel. Twitter announces on Wednesday before market open; has a 30-day implied volatility of 75.19%; and the May 4th 20-delta, 74% probability of profit 27.5/38 short strangle is paying 1.28 at the mid with its defined risk...
IBM has a lot of understated, misunderstood, visionary initiatives under its belt starting last year. The name is no longer what it used to be, but IBM has pivoted before under Lou G. and it can definitely do so again if given time and proper execution. There is a small, but powerful minority that will always root for this stock and that will help propel it on any...
Earnings is upon us ... . NFLX announces earnings on Monday after market close. The April 27th 285/347.5 short strangle is paying 11.05 at the mid (yikes!), with a 70% probability of profit; the 68% probability of profit April 27th 272.5/277.5/355/360 is paying 3.36 (67% of the width of the spread). UAL announces Tuesday after market close. The April 27th, 71%...
Everything mentioned in the chart This is a long term trade. Best of luck