IBM trade ideas
Monthly market view of IBMAccording to the E.w. Theory we can see that IBM, in a long term view, is now on the completition of the 4th wave. In order to do so it has to do one more leg down withe the start of it between 160/170 price range and the end between 100/80 price range. Obviously the end of this move coincide with the start of the 5th macro wave.
For make a summary of the analysis:
Short term (1-4 month) = we are long on the IBM until it touch 160 level.
Medium term (1/2 year) = we are short on the IBM until it touch 100 level
Long term ( more then 2 year) = we are long on the IBM until it touch at least 200/240 level.
IBM -Bullish Flag is triggered -TP 169$ ?IBM with a calssical bullish Flag!
Two psoitions are thinkable:
Long: Stopbuy @ 154,10$ - TP 169$
Short: Stoppsell @ 142.5$ - TP 130$
The Zone between these mentioned levels seems to be neutral from a procycical view. - here is no Action needed.
If u prefer anticyclical positions, a shortposition at the actual Level could be interesting to short IBM
In my Chart i have illustrated the two procyclical positions
Good Luck
Simple Trading Techniques – Pullback Candlestick Strategy
Go long the IBM if it trades at 150.2 or higher. If triggered, place your stop at 147.80 and exit the position for a profit at 152.49 or at your own discretion. (Signals are valid for 1 day only. Always invest wisely).
Learn the rules of this strategy at: www.udemy.com
Simple Trading Techniques – Pullback Candlestick Strategy
Go long the IBM if it trades at 148.27 or higher. If triggered, place your stop at 144.48 and exit the position for a profit at 151.95 or at your own discretion. (Signals are valid for today only. Always invest wisely).
Learn the rules of this strategy at: www.udemy.com
$IBM At Crucial Level? Will it Crush and move higher or not?2-Months ago we put wild prediction that price will move 35% and we are far from that target price, but the chance to achieve that TP now seems more likely than it was 2 months ago. Now price hit or about to hit 50-week moving average and once it secures it will head to $161 and finally confirm bottom and reclaime $177 zone in just 12 Months. Good luck. The stock qualifies to buy in dips that may happen next few weeks.