Analyzing the options chain of IBM International Business Machines Corporation prior to the earnings report this week, I would consider purchasing Puts with a 120usd strike price and an expiration date of 2024-1-19, for a premium of approximately $6.70. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. I am...
We have a break of a falling wedge pattern confirmed by the AI model which found that a movement between 7-10% is likely in the upcoming 30 days based on years of previous data and similar market patterns. Also see lateral volume to understand where the price can end the first rush.
IBM Bullish Call - Take 2 Bullish move expected. Long term investment.
IBM is on the verge of breaking down from a rising wedge. It is a simple short setup from a key area.
you can read this chart like a book.. wait for the breakout from the box and add positions above the down trend line
The PEAD projected a neutral outlook for NYSE:IBM after a positive over reaction following its earnings release placing the stock in drift B .
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)
IBM potential reversal in near future. new up trend forming for IBM
Order SELL IBM NYSE Stop 136.56 LMT 136.56 will be automatically canceled at 20230401 01:00:00 EST IBM daily bearish hammer end of wave 5 expect ABC correction at least.
Possible stop under c or under the 50% pull back level. The target is D and when D is reached, then a pull back or reversal is expected. No recommendation. Earnings estimated to be on 4-18 and most analysts appear to have a negative forecast. EPS (FWD) 9.48 PE (FWD) 13.69 Div Rate (FWD) $6.60 Yield (FWD) 5.09% Short Interest 2.84% Market Cap $117.66B
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 130/61.80%
0. Notes to follow; 1. IBM looking to breakout soon; 2. Talking about the "IBM Corridor" and other initiatives below;
the set up should speak for itself. broke trend line to the upside, with a pull back to retest trendline BULLISH
Wait for a retracement of IBM to 125$ . Any thing below is a buy and will go back to 140$ by 2024. 11% plus gains possibility
Flags are neutral patterns whether the pole is up or down. Rising wedge at the top that has long since corrected coupled with an RSI diversion at the top. If these 2 technical technical patterns happen at a top, it is usually the top and time to run. This one is Down and it appears IBM is going with the flow of a downward break from classic bear flag. No...
NYSE:IBM is expected to bounce from the demand zone. Easy buy opportunity.
On January 2017, IBM had a adj.close price of $124.89. On January 2023, ibm had a price of $133.09. This is obviously a mature company and doesn't currently see huge consistent growth at this point. The best approach would be a fundamental value play as opposed to statistical mean reversion. IBM has an expected average monthly return of 0.35%, with a 4.35%...
Just retesting a longterm breakout In a clear uptrend 50% retrace from recent highs versus October 22 lows, which was a divergent low AI Hybrid Cloud Edge Cloud Quantum Computing Digital Twins R/R 15% downside vs 150% upside, stop below October 22 Low G R Industry 4