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
Hello dear Traders, Here is my idea for #IBM Price closed above yellow line Targets marked in the chart Invalidation level marked with red line IV30 % Rank: 3% Subdued Good luck! ❤️Please feel free to ask any question in comments. I will try to answer all! Thank you. Please, support my work with like, thank you!❤️
IBM Bullish Call IBM topped its fourth-quarter earnings estimates Current dividend yield of 4.7% Double-digit percentage revenue growth
IBM an unsung hero with a measly market cap of apx $123B. Is ready to move up. I was hoping to add more in the green box but it never came. Regardless it seems to have been in a long consolidation respecting supports as it works its way up. There should be plenty of opportunities to get in as I believe we are going to break ATH over the next many months to...
The Great Reset applies to the corporate world as much as geopolitics and society The elites believe in rebirth As such this is another stonk I believe is about to rise like the phoenix With IBM Watson, IBM hybrid cloud, quantum computing and IBM impact (ESG) I believe reports of this juggernaut’s demise are premature On the chart I have 5 pivots up and 5...