IBM Earnings - stock should trade flatCan't get a read for the chart. Expectations are probably priced in unless there is a massive beat or miss.
IBM trade ideas
#IBM LASER PARTY!! LONG TRY TO EXPLAIN IN THE CHART WHAT I'M LOOKING AT.
FROM THE HIGH AT FEB 5 AND RETRACE LOOKING TO BREAK THE BLUE LINE, ANY REJECTION WILL BRING PRICE TO 114 ( BUY AS MUCH YOU CAN THERE), IF THAT HAPPENS LOOK RE ENTRY ONCE BLUE LINE IS BROKEN.
$131 SOME LEVEL FROM LONG AGO (IMPORTANT)
WHAT I WOULD LIKE TO HAPPEN:
AFTER ENTRY LONG, QUICK POP TO T1, TOUCH RED LINE ABOVE AND T1 BECOMES SUPPORT TO HEAD TO T2.
THE RESISTANCE AT T3 IS MASSIVE , EXPECT TOUCH AN REJECT OR OVER SHOOT AND RETRACE AGAIN, MAYBE RED LINE COMING FROM 20 MAR 20 SO LOOK TO RE ENTRY LONG THERE.
ONCE 175 IS BROKEN WILL SEE UP TARGETS, HAVE FUN!
IBM EarningsChart pattern looks familiar, and you know they gotta pump something to make the Dow go up for a double top.
Earnings Monday after close. In for a handful of calls. Safe play would be to wait until after they announce, but what the heck, lol. I've seen them pump this crap even on less than stellar earnings.
IBM LONG SET UP (SIGNAL)TITLE : IBM BUY LIMIT ORDER
ASSETS : STOCK
SYMBOL : IBM
ORDER TYPE : (EP1) MARKET ORDER (1/2) position size (partial low lot entry)
(EP2) BUY LIMIT ORDER (2/2) (Now enter rest of position)
TF : Daily
ENTRY PRICE 1: $125.30
ENTRY PRICE 2: $122.30
STOP LOSS : $118.30 (70 PIPS)
TAKE PROFIT 1- $132.30 (70 PIPs)
TAKE PROFIT 2- $139.30 (140 PIPs)
TAKE PROFIT 3-$146.30 (210 PIPs)
STATUS : active
IBM Shift to BullishIMB Shifting to Bullish! 4hr Pinky has crossed the 30 Golden Line. Look for a Bullish up rise over next few weeks.
IBM $120.75 Entry / Great Recovery Company0. We are looking at IBM lately, and like what we are seeing.
1. We like IBM, summed up here:
IBM Deep Dive: Strategy Shift Driving Growth; Attractive Share Price And Dividend Yield
Summary
IBM is successfully pivoting itself away from its declining legacy products and towards growth as a cloud, software, and services company.
60% of IBM’s revenue is recurring, and the Company touts a long-tenured, highly diversified customer base.
For the first time in over a decade, we expect IBM to return to sustained growth in 2021, driven by a successful business transition.
Considering IBM’s forecasted growth, thecurrent valuation levels are highly attractive.
IBM pays a handsome dividend yield of 5.3% and has a 25-year history of increasing its annual dividend.
seekingalpha.com
IBMAs expected gapped down after trading side ways at trend line. Now supported at 116. If that is broken can see 112, 109 etc. Will likely visit 20 MA first forming lower heigh
IBM - Bottom of Channel / $120-$122 Entry / $135 Target TOC0. IBM about to head to the top of the channel;
1. Target $135;
2. Notes to follow;
3. IBM Heading to $160;
$IBM Expectd sharp move after 4 months of consolidation $IBM was on very ugly consolidation after March low . its even did not join the party of Tech stocks and formed 4 lower highs with 3 higher lows . all scenarios are possible. it could target 144 and 106 on coming days but indicators showing negativity which suggests more down trend targeting 106 or even march lows.
IBM: Triangle PatternTriangle Pattern
TP 1 = 129.87
TP 2 = 132.11
TP 3 = 135.04
TP 4 = 138.73 (extended target)
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If you like my analysis:)
Thank you and Good Luck!
IBMIBM can go either way here but we should see one more bounce off of our red support line and out above the black line for an entry. If we go the other way support is at the 38.2 level with stop loss below
IBM is a buy!Hey everyone,
IBM went through it's triangle tight and now hits the Fibo time level as well as the Gann time level. Now the price should leave the triangle in trenddirection, upwards.
The moving averages are also a buy.
My Fibo price goal is around 148$.
Much fun and good luck.
Leave a follow please, my goal is 200 :)
Symmetrical TriangleEarnings in October
Could break either way. Long if it breaks resistance of upper trendline
Not a recommendation
