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$QTUM Maybe Trying to break out of This Wedge (VCP)I have been long this name for a few months now in my investment account. I have added more today with a stop on the added position size just below today’s low. There are some very big names in this ETF, it invests in AI learning as well as Quantum Computing. It looks to me to be in a Volatility Contraction Pattern (VCP), more popularly called a wedging pattern. I went long more shares as indicated above in anticipation of a break above the declining upper trendline. It also is supported by both the 8 and 20 EMAs and has consolidated to get more inline with the 50 DMA (red). If you like it, make the trade your own and make sure it fits your trading plan. Look at the fund holdings in “More About Fund” link supplied by TradingView. Here are some of the names you might recognize: NASDAQ:KLAC NYSE:IBM NASDAQ:PLTR NYSE:RTX NYSE:BABA From Defiance ETF Website: QTUM Index Description: The BlueStar® Machine Learning and Quantum Computing Index (BQTUM) tracks liquid companies in the global quantum computing and machine learning industries, including products and services related to quantum computing or machine learning, such as the development or use of quantum computers or computing chips, superconducting materials, applications built on quantum computers, embedded artificial intelligence chips, or software specializing in the perception, collection, visualization, or management of big data.
NASDAQ:QTUMLong
by jaxdog
IBM International Business Machines Options Ahead of EarningsIf you haven`t bought IBM before the previous earnings: Now analyzing the options chain and the chart patterns of IBM International Business Machines prior to the earnings report this week, I would consider purchasing the 230usd strike price Calls with an expiration date of 2025-1-31, for a premium of approximately $5.40. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
NYSE:IBMLong
by TopgOptions
IBM: Attention! First signs of the end of the retracement!International Business Machines, abbreviated IBM and nicknamed "Blue Green", the large multinational computer technology and consulting corporation based in Armonk, New York, has a CLEARLY BULLISH technical aspect in its main time frames. During 2024 it accumulated a rise of almost 50% when it reached the 239 area on December 9. Since then the price took a break and began a retracement phase that took it to the 215 area (61.8% Fibonacci). --> What situation is it in now? If we look at the chart, last Friday the price showed us the first 2 bullish warnings (Bull), indicating that the END of the retracement could be very close!! --> What areas do we have to watch? An upward break of the 227 area would indicate the END OF THE REVERSE and therefore, a new attack on its historical highs. But if the price loses the 214, it could easily take it towards the 204 area. --> Is there any risk nearby? Yes. Wednesday 29th presents results and if there are negative surprises, the price could fall strongly towards the 204 area, putting its medium-long term bullish trend at risk. If our profile is CONSERVATIVE I would stay out of the value until the results are published, but if we have an AGGRESSIVE profile, we could follow the following strategy. -------------------------------------- Strategy to follow: ENTRY: We will open 2 long positions if the H4 candle closes above 227 POSITION 1 (TP1): We close the first position in the 238 area (+4.8%) --> Stop Loss at 214 (-5.7%). POSITION 2 (TP2): We open a Trailing Stop type position. --> Initial dynamic Stop Loss at (-5.7%) (coinciding with the 214 of position 1). ---We modify the dynamic Stop Loss to (-1%) when the price reaches TP1 (238). ------------------------------------------- SET UP EXPLANATIONS *** How do we know which 2 long positions to open? Let's take an example: If we want to invest 2,000 euros in the stock, what we do is divide that amount by 2, and instead of opening 1 position of 2,000, we will open 2 positions of 1,000 each. *** What is a Trailing Stop? A Trailing Stop allows a trade to continue gaining value when the market price moves in a favorable direction, but automatically closes the trade if the market price suddenly moves in an unfavorable direction by a certain distance. That certain distance is the dynamic Stop Loss. -->Example: If the dynamic Stop Loss is at -1%, it means that if the price drops by -1%, the position will be closed. If the price rises, the Stop Loss also rises to maintain that -1% in the rises, therefore, the risk is increasingly lower until the position becomes profitable. In this way, very solid and stable price trends can be taken advantage of, maximizing profits.
NYSE:IBMLong
by jmesado
IBM International Business Machines Options Ahead of EarningsIf you haven`t bought IBM before the previous earnings: Now analyzing the options chain and the chart patterns of IBM International Business Machines prior to the earnings report this week, I would consider purchasing the 250usd strike price Calls with an expiration date of 2025-3-21, for a premium of approximately $8.35. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
NYSE:IBMLong
by TopgOptions
1
Is IBM's retreat from China a strategic gamble or a harbinger ofIBM's recent strategic decision to shutter its research and development center in China has sent ripples through the global tech industry. This move, coupled with the exodus of other American tech giants, has ignited a heated debate about the forces shaping the future of business in the world's second-largest economy. Is IBM's retreat a calculated response to changing market dynamics, or is it a canary in the coal mine, signaling a broader shift in the geopolitical landscape? As we delve deeper into the intricacies of this decision, a complex picture emerges, one that challenges our understanding of the delicate interplay between business, politics, and economics. IBM's withdrawal from China is not merely a corporate decision but a reflection of the evolving tensions between the world's two superpowers. The escalating trade wars, regulatory hurdles, and geopolitical uncertainties have created a challenging environment for foreign businesses, forcing them to reassess their strategies. However, IBM's decision is also a strategic one, driven by factors such as cost optimization and a desire to focus on core competencies. By relocating its operations to regions with lower labor costs, IBM can enhance its profitability and allocate resources more efficiently. As we navigate the complexities of this situation, it's imperative to recognize that IBM's retreat is not an isolated incident. It is a symptom of a broader trend, a reflection of the challenges faced by foreign companies operating in China. The economic slowdown, increased nationalism, and regulatory uncertainty have created a perfect storm that is forcing businesses to rethink their China strategies. The future of business in China remains uncertain. IBM's decision is a stark reminder of the delicate balance between economic opportunities and geopolitical risks. As the world continues to evolve, it is essential for businesses to remain agile, adaptable, and prepared to navigate the challenges and seize the opportunities that lie ahead.
NYSE:IBMLong
by signalmastermind
IBM reaches all-time highs amid strategic shiftsIBM captured significant attention in August 2024, driven by pivotal developments that underscore the company’s strategic realignment and technological innovation. The decision to close its research and development centre in China, which will impact over 1,000 employees, is part of a broader global restructuring aimed at sharpening its focus on burgeoning sectors like artificial intelligence (AI) and cloud technology. This move reflects IBM's commitment to consolidating its resources towards high-growth areas. Adding to the momentum, IBM's presentation at the Hot Chips 2024 conference showcased its latest advancements in processor technology. The introduction of the Telum II processor and Spyre gas pedal marks a significant leap in computing power and energy efficiency, particularly for AI tasks, which are becoming increasingly crucial across industries. These initiatives indicate IBM's ongoing efforts to fortify its leadership in AI and cloud technologies, signalling a future solid trajectory despite the reductions in other operational areas. Technical analysis of International Business Machines Corp. (NYSE: IBM) Exploring potential trading opportunities based on the current technical indicators of IBM's stock: Timeframe : Hourly (H1) Current Trend : the daily trend is upward, with the hourly chart showing a correction phase following extended growth Short-term Target : immediate resistance is at 194.50 USD, which is the current target of the correction phase Medium-term Target : a break above the resistance at 199.00 USD could pave the way for a rise to 210.00 USD Key Support : positioned at 194.50 USD Reversal Scenario : a break below key support at 194.50 USD could negate the bullish outlook, potentially leading to a decline towards 193.50 USD IBM's shares are experiencing robust growth, hitting all-time highs. The stock's trajectory suggests that with the continuation of a favourable economic environment, there is potential to breach the 210.00 USD mark and achieve further gains. Investors and traders should monitor these levels closely as IBM continues to navigate strategic transitions and capitalise on its technological advancements. — Ideas and other content presented on this page should not be considered as guidance for trading or an investment advice. RoboMarkets bears no responsibility for trading results based on trading opinions described in these analytical reviews. The material presented and the information contained herein is for information purposes only and in no way should be considered as the provision of investment advice for the purposes of Investment Firms Law L. 87(I)/2017 of the Republic of Cyprus or any other form of personal advice or recommendation, which relates to certain types of transactions with certain types of financial instruments. Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65.68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
NYSE:IBM
by RoboMarkets
IBM International Business Machines Options Ahead of EarningsIf you haven`t sold IBM before the previous earnings: Now analyzing the options chain and the chart patterns of IBM International Business Machines prior to the earnings report this week, I would consider purchasing the 185usd strike price Calls with an expiration date of 2024-9-20, for a premium of approximately $7.10. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
NYSE:IBMLong
by TopgOptions
IBM is about to break outI mostly trade crypto but when I saw the daily chart of IBM, I could not pass on the opportunity given the nice consolidation set up with a potential W break out. I think IBM is a great buy in the 172-170 zone. My near term price targets are 185 PT1 and 195 PT2. I think IBM will benefit from AI and Quantum compute trend that continues to deliver productivity gains and market moving news and sentiment. I'm accumulating in the buy zone of 172 and below. This is not a financial advice, DYOR.
NYSE:IBM
by CryptoBreakers
2
IBM International Business Machines Options Ahead of EarningsIf you haven`t bought the dip on IBM: Then analyzing the options chain and the chart patterns of IBM International Business Machines prior to the earnings report this week, I would consider purchasing the 170usd strike price Puts with an expiration date of 2024-5-17, for a premium of approximately $2.29. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
NYSE:IBMShort
by TopgOptions
IBM Stock Slides 9% After Confirming $6.4B HashiCorp BuyoutInternational Business Machines Corp. (NYSE: NYSE:IBM ) encountered a stormy start to the trading day as its shares tumbled more than 8% in premarket trading on Thursday. The computing and consultancy giant grappled with challenges in its consulting business, fueled by enterprise spending constraints amid an uncertain economic backdrop and rising interest rates. The tepid performance in IBM's consulting segment, marked by weaker demand for smaller discretionary projects, sent shockwaves through the market. Despite a 5.5% growth in its software business and a strategic $6.4 billion acquisition of cloud software company HashiCorp (NYSE: NASDAQ:HCP ), NYSE:IBM fell short of Wall Street expectations with total revenue of $14.46 billion, slightly below estimates. Analysts at J.P. Morgan highlighted the unexpected deterioration in IBM's consulting division, while acknowledging the potential for a turnaround fueled by the company's backlog. However, the magnitude of IBM's consulting slowdown overshadowed the software acceleration, prompting concerns among investors. The confirmation of IBM's acquisition of HashiCorp for $6.4 billion added complexity to the narrative, with the deal expected to close by the end of 2024. While NYSE:IBM anticipates the acquisition to be accretive to adjusted EBITDA within the first 12 months post-closing, investors remained cautious amidst uncertainties surrounding regulatory approval and integration challenges. IBM's CFO, James Kavanaugh, cited macroeconomic uncertainty as a key factor driving prudent customer discretionary spending, echoing concerns about tightening budgets amid economic headwinds. Despite posting adjusted earnings of $1.68 per share for the first quarter, beating analysts' forecasts, IBM's revenue miss and consulting woes cast a shadow over its financial performance. The company's stock price plummeted to $168.51 in after-hours trading, erasing some of the gains it had accrued over the past year. Investors closely monitored IBM's chart patterns, with the $165 level emerging as a critical support area amidst the selling pressure. The stock's trajectory, characterized by a breakout from a multi-month rising wedge followed by a retreat to its lower trendline, underscored the volatility and uncertainty surrounding IBM's prospects. The challenges posed by enterprise spending constraints and executing its growth strategy amidst macroeconomic headwinds, investor sentiment remains pivotal in determining the company's trajectory in the coming quarters.
NYSE:IBMLong
by DEXWireNews
IBM Set to Buy HashiCorp at About $35 a ShareIBM ( NYSE:IBM ) is reportedly on the brink of acquiring HashiCorp ( NASDAQ:HCP ), a renowned cloud software provider. The potential acquisition, as reported by the Wall Street Journal, has sent shockwaves through the tech industry, igniting both excitement and speculation among investors and analysts alike. HashiCorp, based in San Francisco, has garnered significant attention for its innovative software solutions tailored to assist developers in managing infrastructure across various public cloud platforms, including heavyweights like Amazon Web Services and Microsoft Azure. With a market capitalization of approximately $5 billion, HashiCorp stands as a prime target for acquisition, particularly in light of its recent surge in stock value following the news of the potential deal. IBM's strategic pivot towards software-centric operations, with a notable focus on artificial intelligence, has been steadily unfolding over recent years. The reported acquisition of HashiCorp aligns seamlessly with this trajectory, presenting IBM with a golden opportunity to bolster its cloud offerings and reinforce its competitive edge in the rapidly evolving tech landscape. While both NYSE:IBM and HashiCorp have remained tight-lipped regarding the specifics of the purported deal, industry insiders anticipate that the acquisition could command a premium above HashiCorp's pre-report stock valuation. This speculation underscores the strategic significance of the move for IBM, which aims to not only expand its product portfolio but also leverage HashiCorp's expertise to drive innovation and capture greater market share in the burgeoning cloud market. For NYSE:IBM , the potential acquisition of HashiCorp represents more than just a strategic investment; it symbolizes a decisive step towards solidifying its position as a key player in the cloud computing arena. With IBM's first-quarter earnings on the horizon, all eyes are on the tech giant as it navigates the complexities of finalizing the reported deal while continuing to deliver value to its shareholders and stakeholders. As the tech industry braces for further developments, one thing remains certain: IBM's pursuit of HashiCorp signifies a bold stride towards shaping the future of cloud computing, underscoring the company's unwavering commitment to innovation and growth in an ever-evolving digital landscape.
NYSE:IBMLong
by DEXWireNews
HashiCorp ($HCP) Stock Up 26% on Report of IBM Buyout Shares of HashiCorp ( NASDAQ:HCP ), a cloud software maker, surged by up to 26% following media reports that IBM was in discussions to acquire the company. HashiCorp's software aids developers in setting up and managing infrastructure in public clouds operated by companies like Amazon and Microsoft. The software also provides organizations with security credential management services for which they pay HashiCorp. According to sources who wished to remain unnamed, a potential deal could be reached within the next few days. This report has been neither confirmed nor denied by either HashiCorp ( NASDAQ:HCP ) or IBM representatives. While HashiCorp ( NASDAQ:HCP ) went public on Nasdaq in 2021, the company was founded in 2012 and has grown considerably since. In the fiscal year ending January 31st, the company earned $583 million in revenue, alongside a net loss of almost $191 million. The annual report shows that HashiCorp's revenue increased by nearly 23% during that period, compared to IBM's 2% in 2023. IBM executives cited a difficult economic climate during a conference call with analysts in January. IBM will report its earnings on Wednesday. Cisco held $9 million worth of HashiCorp ( NASDAQ:HCP ) shares at the end of March, according to regulatory filings. In 2019, Cisco reportedly held early discussions about acquiring HashiCorp ( NASDAQ:HCP ). Technical Outlook HashiCorp ( NASDAQ:HCP ) share IS up 26% due to the buyout news trading above the 200, 100, and 50-day Moving Average (MA) respectively. The stock has a Relative Strength Index (RSI) of 70.24 indicating bullish momentum.
HLong
by DEXWireNews