We have a nice looking Cup with Handle on IBM and it's currently Challenging the $140 Psychological Resistance Level, if it can get above that i think we will see IBM's stock price push towards the $175-$180 measured move. On a side not i also believe the Dow will be the strongest performing Maor US Index and reach all time highs before any other index and that...
As the chart shows, the closing price on January 24 = USD 173.79, closing price on January 25 = USD 190.19. At yesterday's peak, IBM's share price was above USD 196, helped by a strong fourth-quarter earnings report that was positive about the company's prospects due to advances in AI.
→ Total revenue was USD 17.381 billion, compared to USD 16.690 billion in the...
IBM has recorded its 3 straight year of significant price growth since falling to 87.0 level on January 2020 - during the pandemic era. Since then, price has significantly recovered and fundamental growth has been as consistent as ever even in the pandemic years. Yearly Revenues has steadily increased with no miss.
Here's is the financial breakdown of the last 3...
In a remarkable turn of events, IBM ( NYSE:IBM ) is making waves in the financial markets as its stock soars on the back of robust fourth-quarter earnings and an optimistic full-year revenue outlook. The surge, driven by escalating demand for the tech giant's artificial intelligence (AI) products and consultancy services, is propelling NYSE:IBM shares towards a...
IBM BULL Gartley harmonic pattern on 1M and 3M time periods, currently nearing (C) breakout level.
Jurik's PPO Percent Rank nearing end of heavy accumulation period.
lol RSI 83 on thu 4HR now, haznt been 1 time in thu past it haz hit this level and not retraced 5%. we're confident this overbloated garbage fillz in 166 gap by friday
For IBM I like think it'll definitely hit resistance but the good news is that it's above the current price point, and it'll probably hit $175 before it makes any meaningful pullback.
That's all!
Thank you as always for watching my analysis. Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose! This is not financial advice just my opinion!
With all the AI meme companies rocking the market last year, this behemoth has silently honed its skills in that domain and could stand to benefit from the mass AI adaption in years to come. Monthly chart clearly shows the potential. 2024 is likely to mark the turnaround year for IBM.
Upside targets: 175, 190
The flag formation is very clearly visible on the M30 in a strong bull market on D1. The flag was broken on Friday. The question arises whether we will be able to open a transaction on Monday at a good price, or whether the price will fly too quickly northward.
If it is possible to enter approximately as marked on the chart, there is a chance for an R:R of...
Ripple Labs-owned subsidiary Metaco has joined hands with IBM to create a major top tier tech for digital asset safety.
Ripple Labs’ wholly-owned subsidiary Metaco recently joined hands with IBM to introduce Hyper Protect Offline Signing Orchestrator (OSO), a new technology that will facilitate the deployment of cold storage for digital assets.
The Metaco and...
As you can see here, we are above VWAP therefore I think with enough volume, and a strong hiekin ashi candlestick close above the resistance line, on the 5 minute chart then I believe we are valid for a strong breakout. Definetely keep this stock on your watchlist. NYSE:IBM
*International Business Machines*
*IBM*
C&H; Formation on Yearly Basis.
C&H; Formation on Weekly Basis.
Price BreakOut Sustained.
RSI: 1HW<M
Multiple Resistance @ 164/166/169/176/182/185
*Trail SL with Upside*
*Book Profit as per Risk Appetite*
Do Your Own Research as well. This is an Opinion.
Happy Investing 😇
*International Business Machines*
*IBM*
C&H; Formation on Yearly Basis.
C&H; Formation on Weekly Basis.
Price BreakOut Sustained.
RSI: 1HW<M
Multiple Resistance @ 164/166/169/176/182/185
*Trail SL with Upside*
*Book Profit as per Risk Appetite*
Do Your Own Research as well. This is an Opinion.
Happy Investing 😇
