Tech Sector Giants Returns - FY21' - YTD FB +29.9% MSFT +43.86% AMZN +7.21% GOOGL +86.58% IMB +13.09% AAPL +28.32% With upcoming earnings season, Apple's latest announcement earlier this week, and the holiday season approaching, I continue to have a bullish outlook on the Tech sector overall as FY21' continues.
Time to buy IBM...Completing Correction on Monthly Timeframe....IBM Is in Correction from 2012 .... Expected to complete this correction in next 3-6 months.... Short Term Traders can buy this target for 205 and longterm investor for target 400 in next 3 years....115 sl
International Business Machines continues to transform itself into more of a cloud computing company. Since it acquired Red Hat a couple of years ago, it has increasingly distinguished itself as a hybrid cloud leader. In addition, the spin-off of the managed infrastructure services business may allow IBM to focus solely on that growth. Nevertheless, while IBM...
103 Days consolidation, Cup & Handle formation in progress, fundamentally strong project and has ties with many big names like Google, IBM, VISA
Intel can only go up from here, with all the hype stocks like AMD and Nvidia for example just relentlessly going up and are way overpriced at this point, you are overpaying for growth. All you need to do is look at INTC 1999/2000 hype run up and 20+ years later the stock never made a new all the time. While the stock never made a new all time high i strongly...
Hi, IBM got a rejection from quite an important area and the rejection guided the price through some strong price levels - breakouts. Do your own fundamental research and if this matches with my possible bullish scenario then wait for a retest around $117 - $134 and you are ready to go. Happy Independence Restoration Day in Estonia! Regards, Vaido
long opportunity. 152.89 next important level in order to reach new highs.
So far on NVDA we are still up nicely on our original idea and as we predicted NVDA is now putting all of our fib levels to the litmus test as it finds itself right in the middle zone of the entire fib retracement. I expected the .383 to be properly tested before liftoff and so far it is holding up. If it can continue to hold, NVDA will find itself breaking out...
IBM just posted its best quarter in years. This tech giant demonstrated very modest overall revenue growth in the second quarter of 2021, but an expansion in its cloud computing business, driven by its flagship Red Hat, which the company acquired in 2019. For income-seeking investors, IBM is a great dividend stock right now, and the hope is that growth will be...
If the numbers are good and this gaps up, I would be looking to fade if it spikes into the monthly pivot around 147.
All, I think IBM is primed to breakout big time downtrend is almost broken and would regain a lost massive support of an uptrend. If this gaps or breaks above I kid you not I will be closing other positions and going long call options with 2-3 month expiration on this and scale in every dip this could hit 180s with ease after breaking.
International Business Machines Corporation is an American electronic corporation, one of the world's largest manufacturers of all types of computers and software, one of the largest providers of global information networks. IBM owns more patents than any other technology company. The story begins in the 19th century. If you have been following us for a long...
IBM Swing Trade: buy zone 133.65 - 140 USD. My setup is valid if the price stays above 129.11 USD. Minimum Target of this Impulse is at 163 USD. First important level: 152.89 (high of wave (iii).
This is a short-term possibly bearish post within a longer term bullish play. Last week IBM closed out with a big 4.5% drop in one day after news of the CEO resigning. But was this the cause or was something larger perhaps in the chart in play here? Well when we zoom out on the monthly chart, we see back in April this year IBM broke aggressively bullish out of the...
Buy: $130-$135 Long term hold so stop loss not needed
This a HUGE pattern spanning over years both the Gartley Harmonic as well as the wyckoff Accumulation, which has recently backtested the spring and is jumping the creek. The dividends are insane on IBM too, so this is longterm account with great growth potential (better than cash). Obviously the best entries were down at the spring and backtest, but with the...
IBM is beginning to break out on the weekly chart from a trend line that was acting as strong resistance for over 8 years. Recently the company has unveiled the world's first 2nm chip and announced previously that it will begin focusing on Cloud and AI which will serve the company well as those are two large secular growth stories. Go Long IBM. Trades at 9.79...