I am not an IBM fan but heads up at these levels as I see undervaluation of IBM
Possible safe play hedge --> long IBM + short a tech stock
I will be entering a long position - I believe shortly- at $140
watching the action for now
Keep it REAL!
Note
Setup is invalid for now, didn't open the trade - although I would be making profit $$$ watching IBM closely - anything can happen with these guys! Remember: IBM holders missed the great US stocks bull run and they are very angry!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.