IBMCL trade ideas
IBM International Business Machines Options Ahead of EarningsIf you haven`t bought the dip on IBM:
Then analyzing the options chain and the chart patterns of IBM International Business Machines prior to the earnings report this week,
I would consider purchasing the 170usd strike price Puts with
an expiration date of 2024-5-17,
for a premium of approximately $2.29.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
IBM Stock Slides 9% After Confirming $6.4B HashiCorp BuyoutInternational Business Machines Corp. (NYSE: NYSE:IBM ) encountered a stormy start to the trading day as its shares tumbled more than 8% in premarket trading on Thursday. The computing and consultancy giant grappled with challenges in its consulting business, fueled by enterprise spending constraints amid an uncertain economic backdrop and rising interest rates.
The tepid performance in IBM's consulting segment, marked by weaker demand for smaller discretionary projects, sent shockwaves through the market. Despite a 5.5% growth in its software business and a strategic $6.4 billion acquisition of cloud software company HashiCorp (NYSE: NASDAQ:HCP ), NYSE:IBM fell short of Wall Street expectations with total revenue of $14.46 billion, slightly below estimates.
Analysts at J.P. Morgan highlighted the unexpected deterioration in IBM's consulting division, while acknowledging the potential for a turnaround fueled by the company's backlog. However, the magnitude of IBM's consulting slowdown overshadowed the software acceleration, prompting concerns among investors.
The confirmation of IBM's acquisition of HashiCorp for $6.4 billion added complexity to the narrative, with the deal expected to close by the end of 2024. While NYSE:IBM anticipates the acquisition to be accretive to adjusted EBITDA within the first 12 months post-closing, investors remained cautious amidst uncertainties surrounding regulatory approval and integration challenges.
IBM's CFO, James Kavanaugh, cited macroeconomic uncertainty as a key factor driving prudent customer discretionary spending, echoing concerns about tightening budgets amid economic headwinds.
Despite posting adjusted earnings of $1.68 per share for the first quarter, beating analysts' forecasts, IBM's revenue miss and consulting woes cast a shadow over its financial performance. The company's stock price plummeted to $168.51 in after-hours trading, erasing some of the gains it had accrued over the past year.
Investors closely monitored IBM's chart patterns, with the $165 level emerging as a critical support area amidst the selling pressure. The stock's trajectory, characterized by a breakout from a multi-month rising wedge followed by a retreat to its lower trendline, underscored the volatility and uncertainty surrounding IBM's prospects.
The challenges posed by enterprise spending constraints and executing its growth strategy amidst macroeconomic headwinds, investor sentiment remains pivotal in determining the company's trajectory in the coming quarters.
IBM - further to goNYSE:IBM opens with an island top. The last time that it had bearish divergences into a 52w high it drew down 20% over 100 sessions. airgap to the 160-165 range aligns to the 0.618. The next airgap to 150 aligns to the 0.786.
IBM Set to Buy HashiCorp at About $35 a ShareIBM ( NYSE:IBM ) is reportedly on the brink of acquiring HashiCorp ( NASDAQ:HCP ), a renowned cloud software provider. The potential acquisition, as reported by the Wall Street Journal, has sent shockwaves through the tech industry, igniting both excitement and speculation among investors and analysts alike.
HashiCorp, based in San Francisco, has garnered significant attention for its innovative software solutions tailored to assist developers in managing infrastructure across various public cloud platforms, including heavyweights like Amazon Web Services and Microsoft Azure. With a market capitalization of approximately $5 billion, HashiCorp stands as a prime target for acquisition, particularly in light of its recent surge in stock value following the news of the potential deal.
IBM's strategic pivot towards software-centric operations, with a notable focus on artificial intelligence, has been steadily unfolding over recent years. The reported acquisition of HashiCorp aligns seamlessly with this trajectory, presenting IBM with a golden opportunity to bolster its cloud offerings and reinforce its competitive edge in the rapidly evolving tech landscape.
While both NYSE:IBM and HashiCorp have remained tight-lipped regarding the specifics of the purported deal, industry insiders anticipate that the acquisition could command a premium above HashiCorp's pre-report stock valuation. This speculation underscores the strategic significance of the move for IBM, which aims to not only expand its product portfolio but also leverage HashiCorp's expertise to drive innovation and capture greater market share in the burgeoning cloud market.
For NYSE:IBM , the potential acquisition of HashiCorp represents more than just a strategic investment; it symbolizes a decisive step towards solidifying its position as a key player in the cloud computing arena. With IBM's first-quarter earnings on the horizon, all eyes are on the tech giant as it navigates the complexities of finalizing the reported deal while continuing to deliver value to its shareholders and stakeholders.
As the tech industry braces for further developments, one thing remains certain: IBM's pursuit of HashiCorp signifies a bold stride towards shaping the future of cloud computing, underscoring the company's unwavering commitment to innovation and growth in an ever-evolving digital landscape.
Looking long at close for IBM call swings.🔉Sound on!🔉
Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
IBM 2024-04-03 looks bullishNYSE:IBM
- great chart, consolidated for about 2 months
- low risk entry with 3% stoploss can be placed here
- great cashflow, increasing renevue
- a lot of investment into AI recently
RRR - Sectors 2Sectors 2
RRR- Sectors
Get a eye for all the ORB depending on what sector you are watching.
IBM - wedge breakout alertYesterday IBM touched 50MA but still under 8EMA and 21EMA.
If breaks wedge on volume - might be a good entry opportunity.
Bearish Island reversal setting up on the daily chartThere's no long analysis needed. If the pattern plays out, the trend has changed. I'm buying put options with expirations just past next earnings report.
In technical analysis, an island reversal is a chart pattern with compact trading activity within a range of prices, separated from the move preceding it. This separation shown on the chart, is said to be caused by an exhaustion gap and the subsequent move in the opposite direction occurs as a result of a breakaway gap.
IBM Bull Flag: LongPosition: Bought 80, 290 strike OTM January 17 2025 Calls at $0.08
TA:
Bull flag with a symmetrical triangle at the tail end of it.
Targeting underlying price of between $235 and $250 between May 2024 and November 2024.
FA:
Market Cap $170B with Revenue at GETTEX:61B annually as of 2023, with positive earnings. Deeply undervalued compared to other names like Microsoft, Tesla, and NVIDIA. Lots of enterprise solutions for the AI boom. IBM trading at 2.7x Revenue currently, meanwhile MSFT at 14x, NVNDA at 32x, and TSLA at 6x.
IBM Time To Retrace a Bit## IBM: Short Fundamentals, Recent News, and Disclaimer
**Fundamentals:**
* **Industry:** Information Technology (IT) Services & Consulting
* **Market Cap:** $132.94 billion (as of February 20, 2024)
* **P/E Ratio:** 24.95 (as of February 20, 2024)
* **Dividend Yield:** 4.55% (as of February 20, 2024)
* **Recent Performance:** Stock price down 1.2% year-to-date (YTD)
* **Strengths:** Strong brand recognition, diverse product and service offerings, leading position in hybrid cloud, commitment to research and development (R&D)
* **Weaknesses:** High debt levels, competitive landscape, slow-growing traditional businesses
**Recent News:**
* **February 16, 2024:** IBM announces collaboration with Carrefour to build a hybrid cloud infrastructure for the latter's retail operations.
* **February 14, 2024:** IBM unveils new quantum computing software designed to improve the performance of quantum applications.
* **February 8, 2024:** IBM reports mixed fourth-quarter 2023 earnings, with revenue exceeding expectations but profits falling short.
**Disclaimer:**
I am not a financial advisor and this information should not be considered financial advice. Please do your own research before making any investment decisions.
IBM, waiting for price to develop around 188,5I think this stock has a potential to grow today if it will close above the 188,5 on a shorter TF 5M-15M. If you have decided to trade it, don´t set unreal profit targets, try to TP your trade partially. Enter just if-when entry conditions are met, not earlier (becaouse of more favorable price). After entry set your SL at the suggested area. If you follow me, I will update this trade when - if entry conditions are met. If possible. Wish you good luck.
IBM swing trade to the upside? Thank you as always for watching my video! Please feel free to like, share, and comment on this video. And God bless you!
IBM - The Forgotten StockHello Traders, welcome to today's analysis of International Business Machines.
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Explanation of my video analysis:
All the way back in 2012 IBM created a major top formation by breaking below strong support at $180 and we saw a significant decline in stock price from there. After we then saw a reversal and a breakout in 2022, IBM is certainly back to a bullish market. I am now waiting for a retest of the breakout level mentioned in the analysis to then look for long continuation setups.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
IBM bull flag target new athIBM bull flag pt 220 (new ath)
in active 3M bull gartley harmonic pattern (see earlier idea)
IBM movement upwardsIbm moved quick and has now filled the GAP looking to go long and keep moving upwards. RSI STILL above the zero line and MCAD over over sold.
The truth about Buy at the bottom & sell at the topHello,
If you're here, you've likely encountered the timeless advice of "buying at the bottom and selling at the top " is an advice you must have heard by now. However, executing this is one of the most difficult things for most people to do. This is majorly because most people cannot tell where the stock is at during any particular point in time.
Fundamentals will tell you the estimated valuation of a stock, what the company does as a core business activity, where it derives its revenues, where it burns most of its cash and all other metrics including the cashflow situations.
However, the stock market chart is very key in your valuation and price entry journey. The historical price chart would tell you the lowest and highest points a stock reached during a certain time period. Noting these key points can greatly amplify your results and giving you an edge against other traders.
Notice how the current price of our chart IBM is nearing its highest point in a decade, suggesting it's not an opportune time for purchases. This is because structure can change once we get to the top and room for making a proper reward against risk is much limited. Investors who bought at the bottom in 2020 will begin liquidating their position which might result in stock prices coming down.
For the chart I will be keeping a keen eye at the top to see how price would react.
This can be shown over & over in many other charts to help investors with entry points.
Goodluck & please feel free to share your comments.
IBM @ $187Hi, there it lubosi stocks, and am here to show you the rocket booster strategy.
Now let's look at this chart what do you see?
The rocket booster strategy is like this:
#1 Price has to gap up
#2 50 Ema should cross above the 200 EMA
#3 Price has to be above both ema's
It hurts to miss this type of trade but that's
how trading goes some trade you catch and some you will miss
nexttime , this is the type of trade I will look for.
Rocket boost this content to learn more.
Disclaimer: Do your research before you buy or sell anything or follow any trading recommendations
Do not buy or sell any trade that I recommend to you.
Please Do your research
How to play IBMHow to Play IBM with the least risk
I am looking at a few possible scenarios' for taking a position in IBM with the least possible risk.
Scenario 1
Price drops below 1/25 low, but not by much and then starts moving back up. I would take position long with a stop about .20 below the low. I would take 1/2 profit once I get a 2/1 return.
Scenario 2
If price moves to a new high I would enter with a the knowledge that this a risky entry as I see it. It could easily be a "look above and fail", in which case it could easily go slide tot he bottom of the recent gap. Personally, would not do this unless it starts build a tight range between 190 - 196, and I would reevaluate.
Scenario 3
price moves to the origin of the Gap. Once I see confirmation that it is making a move up I would enter. I want to see the gap filled. That's at the 175 area. Ideally I would love to see it retrace to 167 area.
Cup with Handle on IBM Attempting to Break $140 Resistance LevelWe have a nice looking Cup with Handle on IBM and it's currently Challenging the $140 Psychological Resistance Level, if it can get above that i think we will see IBM's stock price push towards the $175-$180 measured move. On a side not i also believe the Dow will be the strongest performing Maor US Index and reach all time highs before any other index and that IBM will be one of the more major stock leading the way along with Microsoft and Intel.
IBM Share Price Soars Nearly 10%As the chart shows, the closing price on January 24 = USD 173.79, closing price on January 25 = USD 190.19. At yesterday's peak, IBM's share price was above USD 196, helped by a strong fourth-quarter earnings report that was positive about the company's prospects due to advances in AI.
→ Total revenue was USD 17.381 billion, compared to USD 16.690 billion in the prior-year quarter.
→ The acquisition of Red Hat made IBM the fifth-largest cloud service provider by market share. This is very important given the industry's projected growth rate of 16% per year until 2028.
→ Advances in quantum computing, exemplified by the release of the 127-qubit Eagle quantum chip.
In addition, the company has increased dividends for 28 years in a row, making IBM shares attractive to a wide range of investors.
Technical analysis of the IBM stock price chart shows that:
→ the price has reached the upper border of the parallel channel (shown in blue);
→ the RSI indicator indicates strong overbought;
→ a long upper shadow formed on yesterday’s candle – a sign of sales activity. It is acceptable to assume that some investors rushed to take profits in order to later find an opportunity to re-enter a long position at lower prices.
Indeed, given the chart situation, IBM's share price is vulnerable to a pullback following the extremely positive report. If a pullback occurs, the price may find support in the area between the psychological levels of USD 175 and USD 180 per share of IBM, where the 50% Fibonacci level of the upward impulse A→B passes. The channel median line can also help the bulls.
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