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Hello Traders, welcome to today's analysis of International Business Machines. -------- Explanation of my video analysis: All the way back in 2012 IBM created a major top formation by breaking below strong support at $180 and we saw a significant decline in stock price from there. After we then saw a reversal and a breakout in 2022, IBM is certainly back to a...
The team is already several years into developing the next iteration of the potentially revolutionary NorthPole chip. NorthPole achieves an astounding 25 times higher energy efficiency metric and boasts 22 times lower latency metrics compared to relevant benchmarks. This implies the potential for post-GPU performance at significantly reduced energy...
IBM continues to consolidate after dropping down the A wave. If enough buying power comes in this should begin the B wave. Look for a target of around $145. Consider buying options 2 Fridays out once this is confirmed.
IBM: Navigating the Cloud and AI Era for Smart Investments When Arvind Krishna assumed the role of CEO at IBM in 2020, he embarked on a transformation journey for the iconic tech giant, steering its focus towards cloud computing and artificial intelligence (AI). As this transformation reached its fruition, the rejuvenated IBM experienced a notable surge in its...
IBM looks really good for the long term. Against everyones expectations the stock market is going to boom.
I frankly forgot IBM still exist. Last month it slightly broke the ATH from March and April 2013. Yes, it can take 9 years to get rid of your bags. So, trade carefully and have your stop losses or exit plan in place. It's been in this massive channel on monthly for 9 years. Perhaps time to breakout? Earnings sent the stock slightly lower, but I'll keep my eye on it.
From current Chan chart of IBM, we can tell, there is possible uptrend spike towards $145 -- previous high. Do leave comment if you have any idea about it's earning or financial information update. I am just reading from chart structure at this time. Overall, IBM is in a bull trend (short-mid-long term ) . If this time, it stand above $145, expecting next (2nd) ...
IBM expected to report its Q4 earnings of $3.39 per share, a 60% YoY growth, from $2.07 per share seen in the same period a year ago. Taking into consideration also the 14K Calls and less than 1K Puts from last Friday, i think that $136 should be the price target. looking forward to read your opinion about it.
IBM - Intraday - We look to Buy at 125.98 (stop at 122.20) A bullish reverse Head and Shoulders has formed. The formation has a measured move target of 134.63. Closed above the 50-day MA. The stock is currently outperforming in its sector. Further upside is expected and we look to set longs in early trade. Our profit targets will be 134.53 and 138.15 ...
IBM is set to rocket if it can break $140 in 2022. Create a massive green leg, still is looking pretty long. Fundamentally they have done the work to focus strictly on cloud business which is expected to grow year over year. Daily MACD continue green yesterday . Shares to borrow and short has dried up. Moving in a triangle strenght to 140$, then looking for...
Currently price is sitting just under a major trendline that can be drawn Similarities can be drawn between a dip in the early movement of IBM and one that has occurred recently Post this dip, the price rose and retook the trendline I expect this to be the case again Weekly Chart
today 10/21/2021 IBM's Results has been published less than the consensus and this made an impulsive bearish movement down to the historical zone mentioned in red color in the graphic , not only that , but also the 360 MA overlapped the zone and reacted as a support for the price
Time to buy IBM...Completing Correction on Monthly Timeframe....IBM Is in Correction from 2012 .... Expected to complete this correction in next 3-6 months.... Short Term Traders can buy this target for 205 and longterm investor for target 400 in next 3 years....115 sl
International Business Machines Corporation is an American electronic corporation, one of the world's largest manufacturers of all types of computers and software, one of the largest providers of global information networks. IBM owns more patents than any other technology company. The story begins in the 19th century. If you have been following us for a long...
IBM weekly chart is currently in a downtrend but bullish cross of moving averages and potential break of the trend line could signify a change of trend and a profitable long trade . I would wait for for the price to break the trend line (black line on the chart) to enter a long swing trade with a stop loss not too far to protect from a failed...
Big move coming, measured move from the previous low.
IBM facts: Great earnings today ( www.marketwatch.com ) Quantum Computers ( techgenix.com ) and how they will change everything (www.zdnet.com)