IBM -Bullish Flag is triggered -TP 169$ ?IBM with a calssical bullish Flag!
Two psoitions are thinkable:
Long: Stopbuy @ 154,10$ - TP 169$
Short: Stoppsell @ 142.5$ - TP 130$
The Zone between these mentioned levels seems to be neutral from a procycical view. - here is no Action needed.
If u prefer anticyclical positions, a shortposition at the actual Level could be interesting to short IBM
In my Chart i have illustrated the two procyclical positions
Good Luck
IBM trade ideas
Simple Trading Techniques – Pullback Candlestick Strategy
Go long the IBM if it trades at 150.2 or higher. If triggered, place your stop at 147.80 and exit the position for a profit at 152.49 or at your own discretion. (Signals are valid for 1 day only. Always invest wisely).
Learn the rules of this strategy at: www.udemy.com
Simple Trading Techniques – Pullback Candlestick Strategy
Go long the IBM if it trades at 148.27 or higher. If triggered, place your stop at 144.48 and exit the position for a profit at 151.95 or at your own discretion. (Signals are valid for today only. Always invest wisely).
Learn the rules of this strategy at: www.udemy.com
$IBM At Crucial Level? Will it Crush and move higher or not?2-Months ago we put wild prediction that price will move 35% and we are far from that target price, but the chance to achieve that TP now seems more likely than it was 2 months ago. Now price hit or about to hit 50-week moving average and once it secures it will head to $161 and finally confirm bottom and reclaime $177 zone in just 12 Months. Good luck. The stock qualifies to buy in dips that may happen next few weeks.
Dogs of the DOW - One Year Entrance - IBMThe current Dogs are: CVX, CAT, VZ, PFE, CSCO, IBM, BA, MRK, INTC, XOM. Take a look at each one of those names on a DAILY CHART. Set only ONE Exponential moving average on the chart. Just one. Nothing else. A 33 Exponential Moving Average, offset by 3. As soon as you get a Daily Close of any of those stocks, above that 33 Exponential moving average, buy the stock, and hold it for the year, up to February 24th, 2017. That's it, that's the entire strategy. CVX is waiting. CAT IS A BUY. VZ is a buy. PFE is one to wait for. CSCO, you buy. IBM is a buy.
IBM: Long term entryIBM is offering a great entry for the long term.
With earnings having beaten expectations for Q4, I'd be looking for a long trade here, mostly because we've hit a very strong long term support level, but also because the company's valuation at this level seems interesting.
You could look into protecting the downside selling covered calls. I reccomend a 9-18% size position here, not more.
Good luck if taking this trade.
If interested in learning more about my signals service or private coaching, pm me for more information.
Thanks for stopping by.
Cheers,
Ivan Labrie.
IBM EARNINGS PLAYIBM announces earnings tomorrow after market, so look to put on a play before market close.
Here are two possible plays, but I'm looking at these in off hours, so I'm doubtful that the potential credit to be received is accurate, although the strikes, probability of profit, and break even metrics should be fairly accurate (as usual, they may require a strike of two of tweaking after market open):
Jan 29 119/142 short strangle
Probability of Profit %: 74%
Max Profit: $147/contract (tentative)
Buying Power Effect: ~$1493
Break Evens: 117.53/143.47
Jan 29 116/119/141/144 iron condor
Probability of Profit %: 68%
Max Profit: $21/contract (tentative; if it's ultimately the case that this setup will yield <1.00, I would pass on it or look at widening the wings to yield additional credit, assuming that's consistent with your risk tolerance)
Buying Power Effect: ~$279
Break Evens: 118.79/141.21
Notes: I'm already in an IBM trade left over from last earnings that I'm working on, so I won't be playing this one .... .
35% Upside potential next 6-months is very likelyPrice is at very attractive levels for many reasons and bottom is not far from here though it may shake out one more time. If it fails to hold this multiple year support next stop is very likely $116 area. We believe there is a possible bounce from these levels at and around $130 and retest May high last year before it heads another new lower lows. Go www.2waytrading.com for real-time alerts