$IBM LongIBM is holding above 2 VWAP Anhor Weekly Levels
This has huge a move to the upside to 140 and near 150.
This is an AI and Quantum Computer Sentiment Play
I like this for a move to the Upside + 6 Weeks
IBM trade ideas
IBM Options Ahead of EarningsAnalyzing the options chain of IBM International Business Machines Corporation prior to the earnings report this week, I would consider purchasing
Puts with a 120usd strike price and an expiration date of 2024-1-19, for a premium of approximately $6.70.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
I am interested to hear your thoughts on this strategy.
IBM moving upwardsWe have a break of a falling wedge pattern confirmed by the AI model which found that a movement between 7-10% is likely in the upcoming 30 days based on years of previous data and similar market patterns.
Also see lateral volume to understand where the price can end the first rush.
IBM double bottomsyou can read this chart like a book.. wait for the breakout from the box and add positions above the down trend line
$IBM with a neutral outlook following its earnings #StocksThe PEAD projected a neutral outlook for NYSE:IBM after a positive over reaction following its earnings release placing the stock in drift B .
Bullish IBM to $140No position currently but I'll be looking to buy calls tomorrow morning if this gets a pullback and goes red.
Mixed earnings but very solid free cashflow profile projection, a little growth and job cuts (cost savings).
Expectations:
software sales: Beat
Consulting: In-Line
Infrastructure: Small miss
PT: $140 (supply zone)
IBM daily bearish hammer end of wave 5 expect ABC correctionOrder SELL IBM NYSE Stop 136.56 LMT 136.56 will be automatically canceled at 20230401 01:00:00 EST
IBM daily bearish hammer end of wave 5 expect ABC correction at least.
ABC/DPossible stop under c or under the 50% pull back level.
The target is D and when D is reached, then a pull back or reversal is expected.
No recommendation.
Earnings estimated to be on 4-18 and most analysts appear to have a negative forecast.
EPS (FWD)
9.48
PE (FWD)
13.69
Div Rate (FWD)
$6.60
Yield (FWD)
5.09%
Short Interest
2.84%
Market Cap
$117.66B
IBM Stock Chart Fibonacci Analysis 032723 Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 130/61.80%
IBM - New Buy Recommendation, $128.55, Target $2400. Notes to follow;
1. IBM looking to breakout soon;
2. Talking about the "IBM Corridor" and other initiatives below;
IBM long term set upthe set up should speak for itself. broke trend line to the upside, with a pull back to retest trendline BULLISH
IBM TO 125 is a buy Wait for a retracement of IBM to 125$ . Any thing below is a buy and will go back to 140$ by 2024. 11% plus gains possibility
Bear FlagFlags are neutral patterns whether the pole is up or down.
Rising wedge at the top that has long since corrected coupled with an RSI diversion at the top. If these 2 technical technical patterns happen at a top, it is usually the top and time to run.
This one is Down and it appears IBM is going with the flow of a downward break from classic bear flag.
No recommendation/It can be more difficult to call a top than a bottom in my experience as bullishness will persist until the security is so over extended, it can be almost daunting.
For a bear flag, I take the pole and project it up or down in the opposite direction of where the flag is heading, I also use the opposite trendline. IE if it breaking down, if use the top trendline of the flag and project the pole down from that point.
There are different ways to calculate flag targets and we are all different.
M pattern may ne in formation which influence my targets. Good luck.
ibm analysis from a statistical perspectiveOn January 2017, IBM had a adj.close price of $124.89. On January 2023, ibm had a price of $133.09. This is obviously a mature company and doesn't currently see huge consistent growth at this point. The best approach would be a fundamental value play as opposed to statistical mean reversion. IBM has an expected average monthly return of 0.35%, with a 4.35% arithmetic annual average and a 1% geometric annual average return on your money. IBM currently has a 6.27% Required return and it currently doesn't make beyond that annually as stated by the geo annual average. That metric basically means that you're better off purchasing an index as opposed to owning this stock. However, that doesn't mean there isnt any opportunity. It has low volatility at 7.48% currently. I personally wouldn't buy this due to its lack of growth in stock price, and the other factors previously mentioned, but if you can anticipate the business decisions that they'll make, which may potentially change their position in the industry, then i say this is worth looking into from that perspective.
However i will state that the simple valuation i calculated values IBM at $160.83 even after everything i mentioned. Safe trading folks!
Don’t sleep on IBMJust retesting a longterm breakout
In a clear uptrend
50% retrace from recent highs versus October 22 lows, which was a divergent low
AI
Hybrid Cloud
Edge Cloud
Quantum Computing
Digital Twins
R/R 15% downside vs 150% upside, stop below October 22 Low
G R Industry 4
#IBM weekly long ideaHello dear Traders,
Here is my idea for #IBM
Price closed above yellow line
Targets marked in the chart
Invalidation level marked with red line
IV30 % Rank: 3% Subdued
Good luck!
❤️Please feel free to ask any question in comments. I will try to answer all! Thank you.
Please, support my work with like, thank you!❤️
IBM Bullish CallIBM Bullish Call
IBM topped its fourth-quarter earnings estimates
Current dividend yield of 4.7%
Double-digit percentage revenue growth
Ole' boring IBM an unsung hero with a measly market cap of apx $123B. Is ready to move up.
I was hoping to add more in the green box but it never came. Regardless it seems to have been in a long consolidation respecting supports as it works its way up.
There should be plenty of opportunities to get in as I believe we are going to break ATH over the next many months to years. first target around $170.
Big BlueThe Great Reset applies to the corporate world as much as geopolitics and society
The elites believe in rebirth
As such this is another stonk I believe is about to rise like the phoenix
With IBM Watson, IBM hybrid cloud, quantum computing and IBM impact (ESG) I believe reports of this juggernaut’s demise are premature
On the chart I have 5 pivots up and 5 pivots down over decades
I believe it has been in an uptrend since prior to the plandemic which will take it to aths and beyond
Send it
GRI 2023
Great Reset Investing: The Industry 4 Index The great tranny-sition from Industry 3 to 4 is upon us
What’s cute is they’re going to take these beaten down stonks and work their cheat sheet magick whilst you’re left hodling your Google bags at the top
Industry 4 needs web 3 software, next generation wireless tech and edge enabled hardware; and ofc quantum computing
Of all the biggest tech I can see only Meta (web 3/ metaverse/ crypto) and Tesla (ai/robotics/Elon) keeping up
But value wise these are I believe da bestest
GRI 4.0
