IBM trade ideas

pardeepk

Pin bar formation at a strong demand zone that was created by a strong move up. Pin bar at this level. Exit is at supply zone, where we see a strong change in momentum

KLang

Notes on chart. Bear Flag is confirmed. Target 181 ish

KLang

Rounded top - not confirmed. Target 162ish on a CLOSE below 186

TradeVulture.com

Again, my theory is based on ancient geometry and various esoteric knowledge. If I'm correct, we should see a significant correction to a price target of 140 between 2016 and 2019. I guess I'll have to wait and see.

KRSCBOE

IBM has run into resistance on a daily chart, and has formed a nice top on a 5 minute chart.

fibline

Close day after earning is key. Negative effect on SPY over next (50 weeks to tune of -3% or so. Nasty Chart!

four_eyed_owl

"Not everything that counts can be counted, and not everything that can be counted counts." (Sign hanging in Einstein's office at Princeton)

KRSCBOE

IBM is still a big bell-weather, and it's recent weakness gets it close to it's 3 year up trendline.

QuantitativeExhaustion

Since 1993 IBM has been on a bull run. IBM bull run started out as a rising wedge pattern from late 1993 till about 1997. Irrational exuberance propelled the stock out of the wedge reaching a status of overbought (above upper purple line). The stock remained overbought for a few years until the Enron-World Com accounting scandals rocked the stock. IBM shares...

1nvestor

Trying to bottom, put some stakes in the ground.