IBM still weak I can't see it picking up anytime soon, they keep printing lower highs 🤷♂️
am not in any position, I like to buy cheap tech stocks, maybe soon there will be a buy signal
IBM
IBM BUY OR LONG TARGET UP TO $152IBM was on the MA200 (up trend) and confirmed the triangular pattern and crossed the old resistance, promising to recover the "V" .
BUY IBM : 132 - $133
TARGET : $152 +-2
STOP LOSS : $126
Wish you good deals!
IBM LONG This trade analysis based on two levels, the support trade line and the resistance trade line (Orange color arrow).
When the stock NYSE:IBM reach the 1st Fibonacci 127.2% it follow the Fibonacci retrace down to 61% - 50% and reach the Support trade line. At this moment, around 121$, its the time to take a profit at the 2nd Fibonacci 127% level. As well as for the 3rd ..... (144$)
When you look the MACD indicator it's will be the good time to buy the stock at low level
IBM likes wedgesIBM and some wedges and fib circles
Strange that a descending broadening has appeared rather than another falling wedge
This may change the outcome of the charts future
Mulitple TimeFrame Analysis IBM Possible Swing Sell
Monthly
- a strong downtrend since April 2013
-price has made and consistently respected the parallel channel
-there was a huge move to the downside the previous 2 months, and price has rallied the month of april
-current price is respecting the 50 fib level with 9 days left in the month (could possibly end up closing at the 38 fib level
Weekly
-the previous week ended in an indecision candle after a decent push to the upside (i'll take that as a bearish candle, signaling price exhaustion)
-im expecting price to fall to the demand zone and form a double bottom (i'll look to enter a buy there, MAYBE, we'll have to see)
- if a double bottom does form, half of an inverted head and shoulders pattern would be complete)
Daily
- a double top formed
- price barely closed above the previous day high with a long wick above showing some bearish pressure.
THE WEEK AHEAD: SNAP, NFLX, IBM EARNINGS; /ZC, /CLEARNINGS:
IBM (63/54) announces Monday after market close.
SNAP (92/102) announces Tuesday after market close.
NFLX (66/70) announces Tuesday after market close.
EXCHANGE-TRADED FUNDS ORDERED BY IMPLIED VOLATILITY RANK/PERCENTILE SCREENED FOR RANK >50/IMPLIED >35%:
XLU (77/47)
GDXJ (77/84)
GDX (67/65)
SLV (66/45)
TQQQ (63/111)
USO (62/112)
XLE (59/70)
EWW (58/54)
EWZ (53/69)
XOP (59/91)
BROAD MARKET EXCHANGE-TRADED FUNDS ORDERED BY IMPLIED VOLATILITY RANK/PERCENTILE:
IWM (72/54)
QQQ (47/38)
SPY (45/28)
EFA (44/31)
EEM (41/36)
FUTURES ORDERED BY IMPLIED VOLATILITY RANK/PERCENTILE:
/ES (44/40)
/NQ (47/39)
/YM (51/13)
/RTY 72/53
/CL (62/130)
/NG (94/71)
/GC (67/27)
/SI (66/43)
/ZC (57/28)
/ZS (33/17)
/ZW (27/31)
Notes: Pictured here is a /ZC August 21st 310/330 long call vertical, currently trading at 11.25 with a break even at 321.25 versus 321 spot. Ideally, you'd want to put this on with at least make one/risk one metrics, which would occur if the spread priced out at 10.00 even or below. /ZC is tantalizingly close to those August 2016 lows at 310 '06 ... .
Another future worth mentioning here: /CL. As I write this post, the May contract is currently trading at multi-year lows at 15.09, with the June contract trading at 23.66. May drops off this week with the question being how low the June contract will go. I continue to look to sell puts on weakness in the active contract at or below $20.
VIX/VIX DERIVATIVES:
VIX finished the week at 38.15 with the /VX term structure in backwardation.
Semiconductor *Trade Eyes*Weekly candlestick is ugly, but I am keeping an eye on this semiconductor name. As growth slows, I'd expect share price to pull back significantly. Capex Margin is attractive relative to its peers. Expecting first profitable fiscal year since 2016.
IBM Linear regressionIBM Linear regression analysis, short entry should be made accordingly. Only bullish sign is a cup and handle.
IBM Its a Triple!Triple bullish divergence, monthly chart, tried to plot the MaxW indicator as best as possible. Monthly chart should be used for entry only for those going long.
IBM Analysis - great opportunity to buy in cheap priceThis is my first idea, this means I have made a mistake, and therefore I apologise to those involved.
NYSE:IBM
Try to open positions under 130 $
(you have got opportunity until that bearish market didn't turn reverse)
Risk: Small
- - - - - - - -
- the IBM has got a very strong Weekly Support at 126.85
#NAME?
- When this Virus situation calms down, the market "get one's ducks in a row"
(in the past: usually 3-6 month)
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- If the price however fall below strongly the Weekly Support (126.85) MY ADVICE: SELL to minimize the loss.
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RSI:
CCI:
Data from: finviz.com / gurufocus.com
Leading idea: Bullishcharts
IBM: Bearish Wave Is Coming!
hey traders,
IBM gives us a perfect shorting opportunity.
we have a lot of clues:
bearish trend on a daily,
touch of the major trendline,
rsi divegence,
horizontal structure on the left,
fib.confluence
based on that I believe that soon we will see a strong bearish wave.
the initial target will be 130.0
the second target will be 120.0
IBM Earnings Create Velocity RunIBM blasted through previous resistance levels after its earnings report, then broke out to a new yearly level. Despite heavy profit taking by Professional Traders, the stock price held above that resistance level.
$IBM Breaks Out as Big Money Chases the New Tech MomoIBM is one we pointed out a few days ago as a likely breakout candidate following the appointment of its cloud computing leader as new CEO. WIth a strong dividend, instituational money has chased in, as expected.
Possible Long Entry IBM Stock (IBM) Update 16/01/2020Entry: 135.84
Stop Loss: 132.32
Target 1: 146.39
Target 2: 153.43
Risk/reward ratio: 1:5
Move stop loss = entry when target 1 is reached
IBM 3 DEC 2019 LONG Hello everyone, i see a bullish trend on the IBM, in the 1 chart.
Happy trading to all
TP1 134.40
TP2 135.85
IBM Bump and Run!First bump and run pattern analysis, as you can see the price 'bumped' up from the upward trend leading to a round over then decline through the observed trendline. This is a bump and run reversal top, which often lead to a short term bearish correction. Feedback encouraged!
AMD approaching to Historical Key Level.Soon we can watch a reaction of the price on a Historical Level 42.70.
Potentially it can bounce down to 34.26.
Push like if you think this is a useful idea!
Before to trade my ideas make your own analyze.
Write your comments and questions here!
Thanks for your support!
IBM Triangle Pattern and Potential Trade OpportunitiesFundamentals
Price: $134.40
Dividend Yield: 4.8%
Current Dividend Annualized: $6.48
Normalized Diluted Earnings Per Share (TTM): $8.32
Earnings Report: 10/17/19
Next Earnings Report: 1/22/20
Potential Bearish Triangle Breakout and Bullish Butterfly
Have a nice weekend
IBM short idea by bluepipshort in levels and waiting for TP...
leave me your like and comment's about my analyze on the posts ....
