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,...
Today lyft announced the reconstituting plan (www.nytimes.com) which drives the price down. Personally I think this is positive news rather than negative news since they are working hard toward profitability. The resistance is around $49-50 area I plan to scale in some soon and buy more if we break this resistance, the stop can be around $40-42. The target should...
Stop at $1540 and look for break $1600. --------- Deep Value (top 1%): collective2.com Daily Scalp (C2Star certified): collective2.com Futures Operator (TOS certified): collective2.com