New heights await IBM.On May 26, the price broke through the resistance level of $ 141 and went up to $ 148, from where it rebounded later. Now the price is testing the $ 148 resistance level again. If it breaks through and consolidates there, then there is a growth potential of $ 155 or may rebound to $ 141. It cannot be ruled out that the price may move sideways for a while, until it breaks through the resistance or support level.
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IBM
IBM attempting to reverse trendIBM closed slightly above a trendline resistance for the first time since 2013. Also an underrated and overlooked aspect of IBM is they're one of the largest players in blockchain technology. I'll be taking a long swing position depending if we hold above the trendline.
IBM is hot again! Swing trade.IBM weekly chart is currently in a downtrend but bullish cross of moving averages and potential break of the trend line could signify a change of trend and a profitable long trade .
I would wait for for the price to break the trend line (black line on the chart) to enter a long swing trade with a stop loss not too far to protect from a failed break.
Levels and targets on the chart.
Trade safe.
IBM: All Good Things Come In Threes 🏀🏀🏀After perfectly hitting the previous two trading zones, we made a good point for our analysis of the IBM stock. Here, we expect that the price will rise above $135.86 and should remain above that level for a long time. In fact, we believe that we are going to experience a pretty nice bullish trend here. If we remain over $105.92, there is little to worry about.
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ORCL Corporation Investor Presentation on Integrating LINKIt's only a matter of time before a major F50 Corporation such as ORCL publicly announces a full integration LINK "publicly", just as it was a matter of time for BTC and TSLA (and additional F50s) to eventually announce using their balance sheet to invest in BTC .
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When a F50 corporation finally publicly announces a full integration of LINK - LINK will melt faces and my short-term $250 price prediction will look conservative for LINK