IBM trade ideas
IBM tight Still waiting for a break above 132/133
Nice squeeze on top waiting for a power move.
Market cooperates, 135 is target to the upsise
Market weakens, we can try to catch a move towards 127
IBM - Down it Goes. IBMA giant flat about to enter the final leg. We are considering multiple entry and exit points, since the absolute magnitude of the fractal temporally.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
IBMInside bar in critical zone>
In company news, International Business Machines (IBM) late Monday delivered a second-quarter beat as its hardware segment offset a moderation in the software unit and Red Hat, while the technology giant pegged free cash flow for the year at the low end of its guidance range. IBM declined 5.3%, one of the steepest decliners on the Dow.
$IBM with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $IBM after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 83.33%.
BIG LUBEDumping hard today
Presume some earnings fud
Or perhaps it's the apocalypse come early
Either way it's a buy
Probs a good 25% up before ded again
GRI 2022
$IBM reached previous ATH from 2013I frankly forgot IBM still exist. Last month it slightly broke the ATH from March and April 2013. Yes, it can take 9 years to get rid of your bags. So, trade carefully and have your stop losses or exit plan in place. It's been in this massive channel on monthly for 9 years. Perhaps time to breakout? Earnings sent the stock slightly lower, but I'll keep my eye on it.
IBM Chart Forcast -- Bull From current Chan chart of IBM, we can tell, there is possible uptrend spike towards $145 -- previous high. Do leave comment if you have any idea about it's earning or financial information update. I am just reading from chart structure at this time. Overall, IBM is in a bull trend (short-mid-long term ) . If this time, it stand above $145, expecting next (2nd) price level @ 175 and 3rd price target @ $200.
ibm decent RS on ibm lately ...................................................................................................
Buy1. Golden crosses form and retrace at MA.
2. Reversal candlestick formed at around 50% fibonacci level.
IBM Weekly Chart Triangle BreakRare triangle pattern on a weekly chart. I jumped the gun a little today and got in on the long side. Based on the market bottoming out today I'm bullish on this break. Will keep a close stop at 128 and target 180.
IBMBIG COMPANY and very profitable is getting ready to exit their slump
50% Up for grabs.
Bullish Flag
IBM USD NYSE: NEW ALL TIME HIGHS COMING, ASCENDING CHANNEL ??IBM has been in an ascending channel formation for a while now. We've had two touches and I believe there is one more then a correction to the bottom support line before the decision of whether this channel will break to the upside or whether we will break to the downside. Thats years away and we can revisit that then but for now it looks like IBM is about to make a nice move to the upside to new all time highs in the $300 dollar range. The MACD is curled and primed and the BBWP shows volatility is expanding while the RSI is kinda neutral but headed upwards. I think a nice move in the works, and it has probably already started. This is not financial or trading advice, this is just my opinion and what I am doing. Leave a comment below and follow me for more! Thank you and good luck!
It's a Story of the Tortoise and the Hare (IBM) 💾 As you can see, International Business Machines NYSE:IBM 💾 has been in a very long period of consolidation. Reasons why this big pennant is incredibly bullish beyond the chart.
1. IBM has everything to prove and the recent earnings beat gives support to this emerging idea of "there's no choice but to succeed".
2. It's been ugly in this bear market, but IBM has consistently resisted action to the downside and remained stalwart throughout volatile price action.
3. There is a parallel channel of support starting back in 2000 that IBM retested and held after succumbing to a 9-year downtrending channel of misery.
4. Again, IBM is sitting above a 20-year range , bounced, and it's toying with the idea of breaking out.
5. If you want a solid dividend with tech exposure, this 4.76% dividend yield is generous.
Don't sit on this trade before a break to the upside occurs and you're buying above 150-160. When Big Blue does breakout to the upside, 250-300 is an easy target into 2023-2024 .
PLEASE NOTE : For this trade to work, it is imperative for our friends at Internal Business Machines to produce some headlines and reasons for major Wall Street buyers to step in.
Enjoy!
Zach B.
Symmetrical TriangleThis pattern is neutral until a trendline is broken with a trend in that direction.
Yesterday's candle is a spinning top which is a candle of indecision.
IBM had a fairly expansive trading range yesterday, but the spinning top is a candle of indecision. The Harami candle would need confirmation in order to be truly bearish , by another down candle forming today which would then be called a 3 Inside Down if this indeed happens.
The short term moving averages in the gator are looking upward.
No recommendation.
Volatility Weekly Movements Stock, Crypto & Others16-20 MayExpected movements for 16-20 May 2022
SPY/SPX
Current volatility expected for the next week is going to be around 4.52%
So in this case for SPY with almost 90% accuracy the next top and bottom are going to be:
TOP 420
BOT 383
At the same time for SPX/ES with almost 90% accuracy as well, we have the next top and bottom
TOP 4200
BOT 3840
----------------------------------------------------------------------------------------------
QQQ/NDX
Current volatility expected for the next week is going to be around 5.57%
So in this case for QQQ with almost 85% accuracy the next top and bottom are going to be:
TOP 318.75
BOT 285
At the same time for NDX/NQ with almost 85% accuracy as well, we have the next top and bottom
TOP 13100
BOT 11700
----------------------------------------------------------------------------------------------
DIA/ Dow Jones
Current volatility expected for the next week is going to be around 3.36%
So in this case for DIA with almost 90% accuracy the next top and bottom are going to be:
TOP 330
BOT 311
At the same time for MYM/YM with almost 90% accuracy as well, we have the next top and bottom
TOP 33200
BOT 31000
----------------------------------------------------------------------------------------------
Apple
Current volatility expected for the next week is going to be around 5.76%, however we are going to imply 7.2%
So in this case for Apple with almost 90% accuracy the next top and bottom are going to be:
TOP 157.7
BOT 136.5
----------------------------------------------------------------------------------------------
Amazon
Current volatility expected for the next week is going to be around 7.46%, however we are going to imply 9.3%
So in this case for Amazon with almost 80% accuracy the next top and bottom are going to be:
TOP 2471
BOT 2050
----------------------------------------------------------------------------------------------
Google
Current volatility expected for the next week is going to be around 6.01%, however we are going to imply 7.51%
So in this case for Google with almost 90% accuracy the next top and bottom are going to be:
TOP 2495
BOT 2145
----------------------------------------------------------------------------------------------
Russel 2000/ IWM
Current volatility expected for the next week is going to be around 5.22%, however we are going to imply 6.51%
So in this case for Google with almost 95% accuracy the next top and bottom are going to be:
TOP 189.6
BOT 166.44
----------------------------------------------------------------------------------------------
IBM
Current volatility expected for the next week is going to be around 4.29%, however we are going to imply 4.29%
So in this case for IBM with almost 85% accuracy the next top and bottom are going to be:
TOP 139.3
BOT 127.87
----------------------------------------------------------------------------------------------
BITCOIN
Current volatility expected for the next week is going to be around 13.82%, however we are going to imply 15%
So in this case for BITCOIN with almost 95% accuracy the next top and bottom are going to be:
TOP 34450
BOT 25500
----------------------------------------------------------------------------------------------
GOLD
Current volatility expected for the next week is going to be around 2.17%, however we are going to imply 3.25%
So in this case for GOLD with almost 80% accuracy the next top and bottom are going to be:
TOP 1870
BOT 1750
----------------------------------------------------------------------------------------------
EURUSD
Current volatility expected for the next week is going to be around 1.6%, however we are going to imply 1.89%
So in this case for EURUSD with almost 80% accuracy the next top and bottom are going to be:
TOP 1.061
BOT 1.021
Iron Condor IBM 13 May 2022IBM 13 May 2022
The current implied volatility is at 32.77%/year
So that converted into daily is 2.06%
Since we are in need of the open price for the highest accuracy, I am going to take the current price
which is 133.7 (you can also wait for the opening price and take +- 2.75 points from the open candle value)
So based on that our channel for today is going to be compressed with a probability chance of 90% within
TOP 136.5
BOT 131
From fundamental point, today we have no big volatility news that can impact our asset.
At the same time the current values are expected to be sidemarket/bullish.
IBM to the moonbuddy of mine works here so i had to toss the chart for him, downside mcgee out there
Expected Key Points IBM 12 May 2022IBM 12 May 2022
The current implied volatility is at 35.63%/year
So that converted into daily is 2.24%
The close of yesterday was 130.75
So based on that our channel for today is going to be compressed within
TOP 133.68
BOT 127.8
with a probability chance of 81.6% based on the last 3007 candles
From fundamental point, today we have
PPI and initial jobless claims releases and these mark a huge volatility moment
At the same time the current values are expected to be bearish.
IBM...Holding up like a champ!In the recent meltdown of the NDX, IBM has held up quite well. IBM has taken a longggg time to right its ship, but many signs point to success at last! The street reaction in recent days is telling...while tech was being annihilated, IBM stood its ground reasonably well.
One could expect the naysayers of recent years to be taking note and looking to add.
