IBM alert major trend-line break possible
Possible entry price $160
Target price $180
Stop loss $155
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IBM trade ideas
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.
Update on breakoutPosted the initial area for buying shares at the beginning of Jan. Looking to grab 01/31 144c ahead of ER as a lotto. Closed around 1.10
SMA - Validation - RSIThis chart enables you to identify the SMA, along with a validation line, and RSI. This combo can help you identify specific buy and sell points.
IBM Knocking at resistancePre earnings IBM is making a attempt to break through multiple levels of resistance as highlighted on the chart.
The stock offers great upside potential on a breakout.
Major laggard so a great catch up trade
Possible Long Entry IBM Stock (IBM) Update 16/01/2020Entry: 135.84
Stop Loss: 132.32
Target 1: 146.39
Target 2: 153.43
Risk/reward ratio: 1:5
Move stop loss = entry when target 1 is reached
IBM - Global Growth = Business GrowthAn earnings beat and upbeat guidance tonight could provide IBM the breakout it needs to head to my year end PT of $160. Agreements between the US and China regarding IP could also fuel more earnings growth, but I'm not holding my breath.
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IBM 3 DEC 2019 LONG Hello everyone, i see a bullish trend on the IBM, in the 1 chart.
Happy trading to all
TP1 134.40
TP2 135.85
IBM Bump and Run!First bump and run pattern analysis, as you can see the price 'bumped' up from the upward trend leading to a round over then decline through the observed trendline. This is a bump and run reversal top, which often lead to a short term bearish correction. Feedback encouraged!
