IBMB34 trade ideas
AI Vision IBM Strong Buy on Jeffrey Gundlach Bearish OutlookJeffrey Gundlach announced a bear market in December the 15th, 2018 after the crash! Time to buy stocks!
Momentum Surge - IBMIBM is showing good consolidation and may be setting up for a breakout. Keep in mind IBM can be a slow mover so it may not break out fast. Tight stops are required as always based on my strategy.
1. Not up 3 days in a row
2. Linear previous momentum leg
3. Stock is in early phases of an uptrend i.e. not extended
4. Has not had a significant breakout or breakdown during the consolidation phase
5. Consolidation is nice and clean with narrow range days, lower volume , and can even be pointing down.
Buy = $134.86
Stop = $133.29
Shares = 40
Momentum Surge Potential - IBMIBM is showing good consolidation and may be setting up for a breakout. Larger slower moving stocks like IBM can be tricky to trade during consolidation so stops are important.
1. Not up 3 days in a row
2. Linear previous momentum leg (but there is a risk of gap fill to the downside)
3. Stock is in early phases of an uptrend i.e. not extended
4. Has not had a significant breakout or breakdown during the consolidation phase
5. Consolidation is nice and clean with narrow range days, lower volume , and can even be pointing down.
Buy = $134.86
Stop = $133.29
Shares = 40
IBM Gap Fill?Let's see if we get a gap fill like the last earnings "surprise". Numbers weren't that great, and they paid $34B for RHAT.
Should take about 2 weeks to close the gap, the biggest move should be tomorrow, I might just flip the puts then depending on market conditions.
IBM BuLLs EyeIBM Stock will jump 6% opening of the US american session as reaction movement of the last quarter earning report for 2018.
IBM SLIP in Revenue but Positive in Bull TrendFundamentally strong, Serives&Cloud Platforms segment of technology increased from 2 percent to $25.53B, segment Europe / Middle East / Africa increased from 7 percent to $18.41B.
Long IBMIIBM is rising, Good opportunity to take Long position.
This Analysis is educational purpose only.
IBM EarningsSomeone asked me about this a couple of weeks ago...
Last time they had crap earnings people started bailing out 4 days before the next earnings. Buying puts at close tomorrow, will roll into a lower strike on Momday if this pans out, if not I'm holding the puts through earnings.
This is strictly a timing call. Also I expect earnings to be crappy. If you're optimistic, buy some calls.
IBM in a bearish rising wedge?Looks like the IBM shows us a bearish rising wedge.
Definitely something to look out for, let's keep an eye on it if it works and if yes how much drop we could expect. For now I expect some pullback to a support at approximately 115$.
Since I'm still learning I'm not trading this.
If you feel the same give me some feedback I'm glad to hear from you guys!
Give a like if you feel I'm right.
IBM Earnings SetupLooks like the computerz are melting the market up again. I expect IBM to work its way back to $125 before earnings. I'm buying puts before earnings.
Has their business improved much in the last 3 months? I doubt it considering the rate increase and stock market tanking. Companies aren't going to increase spending when things are tanking.
IBM falling out of bear flag channelIBM has been in a classic bear flag channel for a few weeks. It looks like we're breaking downwards now to complete the bear flag pattern.
I'm looking for a drop of about $40 from the top of the channel to somewhere in the $90-100 range. This is consistent with the methodology of the breakout from a flag is about equal to the price move leading to the flag. I think that this is a reasonable area to look for bullish signals after the dust has settled from the Red-Hat merger.
IBM poised for new low?IBM usually bounces up twice before setting a new low. Bought various puts after SPX gap close this morning, decided to keep this one for another week. Target is $112.
If you want to get greedy, $105 marks the double bottom, from Jan 2016, would recommend Jan puts.
Balance sheet already looks like crap, and they're going to overpay for RHT? Not even sure how they're going to come up with $34B in CASH, but way over payment for a company trading at over 60x P/E. If they go through with it, say goodbye to dividends. I bet they nix the deal in January, and the stock goes back up. Of course, they'll get sued though.
IBMDown trend + get Flag
target 96
strike for option trader
Symbol : IBM
Option Type : PUT
Strike : 110
Price : 0.21$
Expiry Date : 28 DEC
