IBM trade ideas
IBM: Triangle PatternTriangle Pattern
TP 1 = 129.87
TP 2 = 132.11
TP 3 = 135.04
TP 4 = 138.73 (extended target)
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IBMIBM can go either way here but we should see one more bounce off of our red support line and out above the black line for an entry. If we go the other way support is at the 38.2 level with stop loss below
IBM is a buy!Hey everyone,
IBM went through it's triangle tight and now hits the Fibo time level as well as the Gann time level. Now the price should leave the triangle in trenddirection, upwards.
The moving averages are also a buy.
My Fibo price goal is around 148$.
Much fun and good luck.
Leave a follow please, my goal is 200 :)
Symmetrical TriangleEarnings in October
Could break either way. Long if it breaks resistance of upper trendline
Not a recommendation
INTERNATIONAL BUSINESS MACHINES CORPORATION COM STK USD0.20 Just look , follow and enjoy
Trade and make a profit
IBM-SELL TO BULL SENTIMENT!!!!Now is time to get out of IBM. We recoment to sell at any rally!!! Targets below 120!!!
IBM where is it going? Did acquiring Red Hat had an effect in SPUnfortunately, COVID19 happened and Red Hat was purchased in July of 2019. Hence, the effect of Red Hat to IBM would not be fully realised and would be more gradual over the years. I looked at the techinical play and I found that IBM is still in the downtrend since its peak in 2013 (check weekly charts). In my humble opinion, I really think that if the pandemic did not occur then IBM would likely be trading above 160 today. If we looked at the the daily charts, I cannot help but notice that the price action is currently forming a channel that is a very similar since its last peak at $156.
My trading plan would likely be:
I'd alert at $115 and assess the situation. Then if I take a position, I would sell it at $130.
IBM Mega TriangleIBM has been making this triangle chart pattern since 1997 and will forced to a decision point one way or the other by 2026. For some investment strategies, you have to perceive time like a tree. :)
IBM's earnings and sales have been shrinking for many years-- EPS at a rate around 2.5% per year, and SPS at a rate around 0.25% per year. That makes this essentially a depreciating asset in terms of earnings and sales. The dividend over 5% offsets that somewhat, but IBM would need a growth strategy to break out to the upside. Despite technology leadership, the company has struggled to turn its technology into growth.
IBM is still worth trading within the triangle, however. It's certainly worth a buy in the event it should drop to the bottom of the triangle range. I kind of like the idea of owning a piece of IBM's AI, because I think this technology eventually will drive a turnaround story for IBM and a return to earnings and sales growth. Among other things, IBM is partnering with Verizon to use its AI in Verizon's 5g.
IBM will be a sell at triangle top until and unless the slopes of the earnings and sales trendlines begin to turn positive long-term.
$IBM - Earning Strategy - IntroductionWorking on a new Strategy to take advantage of earnings. This is how its structured to play.
Knowing your risk and keeping your expectations low gives you a sizable profit.
GET OUT OF CONVENTIONAL THINKING of Iron Condors and Iron Butterfly prior to earnings. The whole world thinks that is the edge.
Now, try to do yourself a trade on $UAA $CHTR $XOM $SHAK
$IBM Big Blue Posts A beat.
Although the stock jumped after-hours it must be kept in perspective.
It will be interesting to see how investors and analysts treat the stock tomorrow.
They stock has struggled to maintain gains in the past so don't go all in quite yet.
W Double bottom Retest area for IBM. Wait for entryShort retest in the next week of IBM double bottom. Get in at support of neckline retest on a bullish candle stick signal or above a reversal hammer.
IBM earning can confirm this analysisHey guys.
so far my technical analysis is going hand in hand with the fundamentals. I made this chart a few days ago and so far its been following the trend. the biggest confirmation was when IBM opened up above the 50 MA on Wednesday. Critical points to break are the top light purple area between 124-126. If it breaks through it should continue up to that area circled which is also a critical area that might have a pull back before it continues its upward trend. Earnings will be a key factor on monday and they are working together with Verizon on a 5G project. This team up can cause this stock to go up higher then its previous high of $135 from last month. if you guys see the same thing as i am i believe it isn't to late to get in on this. not to mention its high dividend yield.
IBM Earning May be a SurpriseNYSE:IBM
Technical analysis indicates it is about to break through if tomorrow closes above $126.10.
Looks like earning announcement (AMO) will be a surprise. Target swing high at $140.79
$IBM Potential Earnings Targets
Possible Earnings Trade.
Target #1 - $129 200MA
Target #2 - $135 Fibonacci Golden Pocket
Bullish Moving averages crossing.
Expectations high for the new management.
Previous Earnings have resulted in nice rallies
but they are short lives.
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