INTERNATIONAL BUSINESS MACHINES CORP

NYSE:​IBM

In my humble opinion there was a sort of overreaction triggered by short selling yesterday upon IBM's earnings call. Numbers were not great and guidance was lowered. Nevertheless, the blue chip has created a stronger position to capture growth in the IT business related to cloud computing, cybersecurity, and artificial intelligence technologies (15% yoy ...

Everything mentioned in the chart This is a long term trade. Best of luck

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 ...

As I wrote about in the previous chart for-AAPL, pay attention to the "W" pattern, As well as the bearish AB=CD pattern (above). Above, the indicators turned negative for-IBM after point D of the AB=CD, and-IBM sold off. Then, IBM-halted at a double top, and sold off again. Take the time to look at how many DOW-30-stocks have negative formations. This will give ...

Long story short - IBM hit critical support area, giving it a recovery potential. Target 159.5

IBM AI I believe is ahead of all other companies. The future is full of AI just like it will be full of chips. Safe long. Chart also shows its near a bottom trend line.

IBM, right now in a "Minute"-wave c (blue) , is about or has finished a "Minuette"-wave 2,c in a rising pennant! Trade carefully, a bulltrap above red resistance line is still possible. - First target could be blue support line.

As noted in previous IBM daily chart. Trade setup only if price declines into the buy zone at 157, near Ichi cloud base and .50 retracement.

EMA 13/48 cross took place yesterday. Waiting for small pullback for a better long entry. Price is finally more coiled up after larger chaotic movement. Price resisted at the confluence of the A) natural 1.27 extension of the Feb 27 to Mar 02 swing, B) Jan 17 to Feb 19 .618 retracement. Looking for 157-158 entry, profit target 162-164.

IBM in a final "Minuette"-wave 5 (red), "Minute"-wave c (blue) of a "Minor"-wave 2. First target $142 (1:1 with wave 1 (red). Could go down further (Test of blue support-line)...

If the s/r band and the trend line hold, it should be a good long ENTRY: Anywhere in yellow s/r band STOP: Below 143ish 2r target: 158ish

Watch for bullish candle to close above key resistance long-term support at $154 to go long, which coincidentally intersects 200 MA. Big news coming with blockchain technology.

Support at 145. Both gaps filled! Bottom reached

IBM terminated a Runnung Flat2 at Fib.0,50

HERE'S A NICE SETUP OF AN INVERSE HEAD & SHOULDER PATTERN ON THE WEEKLY CHART

That was a mistake of the “Legend”, Warren Buffett, to sell parts of his former stake at the company. I secure the profit in this idea. Newsflow: International Business Machines Corporation IBM and Denmark-based transport and logistics conglomerate A.P. Moller – Maersk will create a joint venture using blockchain technology to make global trade more efficient, ...

NYSE:IBM has been talked about on some of the main propaganda channels lately so I'm hoping there will be lots of momentum. If successful, it might actually eventuate before the end of Q1.

IBM ended a long period of decline, however it seems that an attempt to change the trend was quickly rejected. Despite having delivered higher-than-expected earnings reports, the price is close to a very important level of support. What makes me wonder... would it be possible that this attempt to change the trend was initiated by the expectation generated by the ...