IBM trade ideas
IBM Linear regressionIBM Linear regression analysis, short entry should be made accordingly. Only bullish sign is a cup and handle.
IBM to Long, after V breakout and re-testExisting Condition:
1. in 60 min, down trendline break by breakaway Gap (G1)
2. Breakout V reversal pattern
3. Re-test the 60 min demand zone.
Entry at demand zone: 107
Stop below this zone: 102
Target1: 124; risk/reward=1:3
Target2: 135, risk/reward=1:5
This is a trading school homework. I need 6 months to practice trading plan.
If you like it, thank you for your support. Please use SIM/Demo account to try it, until my trading plans get high winning rate.
In my real trade, I use options. I bought Jun 130 Call, limit 1.3. Do not need stop.
Sum of my ideas:
5 active, 7 winner, 1 loser, 0 pending for condition;
4 analysis only, 8 cancelled;
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: 1 more rejection at the top?Longterm I am very very bullish on IBM, but I was in since 135$ so this was a nice trade. I am out for now, definitely looking to get back in.
I expect one more leg down, for a very bullish breakout later on - IBM basically pumped for something simple as a new CEO.
If it breaks out on this resistance, so be it! Good luck to everyone holding at this point, I don't like the RSI and STOCH RSI being oversold AND being at a resistance currently.
IBM on recovery watch list $ibm
Possibly found some good support.
Expect some consolidation in this region.
Alert set for breakout above $130 for a possible long.
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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 reversal trade
Good risk reward long opportunity
Possible entry level $133
Target price $152
Stop loss below weekly horizontal level.
Fake breakout on IBMHi Traders
Seems that IMB had a fake break out on that 153.50 level. Expect it to come down next couple days, before might bounces up around that SMA200 / SMA100 area.
IBM: From Boring to Soaring?International Business Machines has been a boring stock for years, and is still well below its highs from early 2013. But that's been changing in the last month.
First came a strong earnings report on January 21. Profit and revenue both beat estimates, but the real story was strong growth in cloud computing. That suggested IBM is finally moving beyond its legacy mainframe business and into the 21st century.
The story got even bigger on January 30 when cloud chief Arvind Krishna became CEO of the entire company (replacing Ginni Rometty). IBM quickly ripped all the way to a new 52-week high and then paused to digest its gains.
A "Golden Cross" formed as it rested, with the 50-day simple moving average (SMA) rising above the 200-day SMA. IBM also held support near last year's peak around $150.
This gives buyers a potential risk-management zone below the February 18 low.
The other thing to remember is that IBM has much lower multiples than most other big IT and software companies. (A fraction of Microsoft in terms of price/sales or price/earnings.) If it's truly staging a turnaround, analysts and investors could soon talk about the need for higher valuations.
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.
Bullish Move in IBM followed earning Announcement On January 21, 2020, IBM released it's earning per share (EPS) which was 4.71 that means it was greater than the previous earning which was 2.68 by almost 75%. This means IBM stock will be under high demand by investors and financial companies. Since earning is the only things that matter especially when it comes to the stock market as explained in my blog, and since IBM chart shows the following criteria :
- Strong support at 133.5
- Cup with handle pattern at this level.
- Increase in volume at the last week which will support breaking 144 resistance.
- Increase in MACD that confirms the Cup and handle pattern.
All the above facts increase the probability for this stock to go up and reach at least 200 $.
I recommend buying this stock and hold it for almost 6 months or to reach 200 $ since its profit will be significant.
Best wishes to you all.
IBM alert major trend-line break possible
Possible entry price $160
Target price $180
Stop loss $155
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Watch $IBM as a New "Big Cap Tech" Momentum PlayIBM is back in style! After naming a new CEO -- and embracing the cloud services transition -- IBM shares are breaking out on multiple chart dimensions right now. With a dividend yield that is 3x the US 10-yr yield, the institutional money will likely be eager to chase in this market.
Long term investment in IBM A big problem for IBM over the past few years has been its history as a hardware-based, large mainframe type business. But the world is changing. Enterprise customers have been moving to the cloud. Also, competition has gotten more intense over the years as younger upstarts have been built from the ground up on cloud, mobility, virtualization etc. For example, Amazon (AMZN) with its AWS offering and Microsoft's (MSFT) Azure have been very successful in cloud computing and IBM has been trying to play catch up. Investors understand that it's going to take a while for IBM to catch up with its cloud computing rivals. The Red Hat acquisition seems like a great step in that direction, but the full benefit of this combination will take some time to be fully realized. IBM had some big change recently, it named Arvind Krishna as its new CEO, replacing Virginia Rometty. Krishna is currently IBM Senior VP for Cloud and Cognitive Software, and was a principal architect of the company's acquisition of Red Hat. Clearly this choice shows that IBM wants to focus more on the cloud and it seems like a good fit. It is a good investment from here with 4.5% yield. Stop under $120.
IBM on hot watch as CEO change gets investors excited
The reign of Ginni Rometty is over at IBM and it seems that given the pop in teh stock that investors are happy.
The stock has lagged the market and is in a long term downtrend for 7 years.
Recent acquisition of REdhat a step in the right direction.
The company is so large and so much potential this has great turnaround potential.
Possible inverse Head&Shoulders forming
Levels of interest are the break of trendlines
IBM wait for downtrend break
Possible entry level $155 above long term downtrend.
P/E ratio very reasonable at 13.17.
Yield 4.66%.
Bullish MACD crossing.
Histogram ticking higher and green.
RSI room to run much higher.
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IBM breaks out on earnings Huge potential for IBM to the upside, has been in a 7 year correction and missed a bull market.
Red Hat acquisition is paying dividends and growth returns.
Stalled after-hours at .65 Fibonacci golden pocket, look to long above,
Earnings commentary
IBM says there is continued momentum in hybrid cloud Says significant actions in 2019 strengthened its foundation for chapter two. Says cloud revenue for the year was $21B. Says Red Hat continued strong performance. Says has good trajectory exiting the year. Says the company expects growth in revenue, operating EPS and free cash flow in FY20. Sees FY20 free cash flow of approximately $12.5B. Comments taken from Q4 earnings conference call. Sourse the fly.
