$IBM Still bullish after posting less than expected Earnings$IBM Still bullish after posting less than expected Earnings, the PEAD cone projection is showing bullish expectancy for the stock, Price is currently trading on the lower end close to the lower boundary of the projected cone.Longby EPSMomentum0
Thoughts on IBMLooking at the 3d chart for IBM and it does not look too promising. They have reduced their buyback activity, which was one of the reasons the stock did so well for so long. RSI looking bleak and the implied volatility is starting to go up. Unless something wild were to happen, I would expect this to see further downside. Note: This is the 3d chart, so i am expecting it to chop in this range for a little bit longer before it continues down. Shortby cmerged0
IBM to Long, Wedge BreakoutCondition: 1. Wedge Breakout 2. re-test trendline 3. SMA50 as support Entry 126.5 Stop: 121.5 Target: 145; reward:risk=3:1 I am not a PRO trader. I need few months to practice trading strategies. If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate. Longby PlanTradePlanMMUpdated 2
IBM earnings 10/19 at 4:05pmFor Q3 earnings IBM is expected to report revenue of $17.6B with a non-GAAP profit of $2.58 / share. But that’s not the exciting part. Expect to hear more about IBM plans on a spinoff cloud strategy. CEO Arvin’s Krishna said that the company would be “laser focused on the $1 trillion hybrid cloud opportunity.” (Credit: Barron’s) My price target is $135. Good luck and happy trading friends...Longby Options360Updated 0
IBM Earnings report will be published todayNYSE:IBM The American technology giant publishes its quarterly earnings report with a very optimistic forecast. The report will be published after the market closes. Earlier this month the company announced that it is splitting itself into two separate public companies, a move that could attract new investors due to the result expected - a cut in the share price. In recent years, the company has been mentioned as irrelevant and unable to keep the technology development speed like other leading tech companies such as Apple and Samsung but, with more than 350,000 employees serving clients in 170 countries and a great roadmap for long term development projects, IBM is absolutely still is considered a tech giant. Analysts expect a Gross margin of 48.4% for the quarter. Over the last 2 years, IBM has beaten EPS estimates 100% of the time and has beaten revenue estimates 38% of the time. Revenue in 2019: $77 billion Quarterly Revenue Forecast: $2.58 billion Longby FinanCollege1
Alot of Technology is reporting this week first is IBMon the weekly has been just in a downward trend but on the daily of $IBM it seems like it's iin a channel between $116-$133ish range let's watch this by newsdesk0
IBM looking to spike after earnings.IBM looking to spike up after earnings with confirmation from the daily chart. looks like it could fill the gap up to support of 134.57.by dvandy321
$IBM Reversal into Earnings Possible reversal trade setting up in IBM as old tech may finally catch a bid again as the FOMO stocks get a reality check on the back of FSLY pre announcement. Symmetry on previous declines and we will look for symmetry on any rally to the .5-.618 Fibonacci level.Longby Bullishcharts21
IBM Earnings - stock should trade flatCan't get a read for the chart. Expectations are probably priced in unless there is a massive beat or miss.by bulltradingtips0
#IBM LASER PARTY!! LONG TRY TO EXPLAIN IN THE CHART WHAT I'M LOOKING AT. FROM THE HIGH AT FEB 5 AND RETRACE LOOKING TO BREAK THE BLUE LINE, ANY REJECTION WILL BRING PRICE TO 114 ( BUY AS MUCH YOU CAN THERE), IF THAT HAPPENS LOOK RE ENTRY ONCE BLUE LINE IS BROKEN. $131 SOME LEVEL FROM LONG AGO (IMPORTANT) WHAT I WOULD LIKE TO HAPPEN: AFTER ENTRY LONG, QUICK POP TO T1, TOUCH RED LINE ABOVE AND T1 BECOMES SUPPORT TO HEAD TO T2. THE RESISTANCE AT T3 IS MASSIVE , EXPECT TOUCH AN REJECT OR OVER SHOOT AND RETRACE AGAIN, MAYBE RED LINE COMING FROM 20 MAR 20 SO LOOK TO RE ENTRY LONG THERE. ONCE 175 IS BROKEN WILL SEE UP TARGETS, HAVE FUN! Longby javrecaUpdated 222
IBM EarningsChart pattern looks familiar, and you know they gotta pump something to make the Dow go up for a double top. Earnings Monday after close. In for a handful of calls. Safe play would be to wait until after they announce, but what the heck, lol. I've seen them pump this crap even on less than stellar earnings.Longby hungry_hippoUpdated 882
IBM LONG SET UP (SIGNAL)TITLE : IBM BUY LIMIT ORDER ASSETS : STOCK SYMBOL : IBM ORDER TYPE : (EP1) MARKET ORDER (1/2) position size (partial low lot entry) (EP2) BUY LIMIT ORDER (2/2) (Now enter rest of position) TF : Daily ENTRY PRICE 1: $125.30 ENTRY PRICE 2: $122.30 STOP LOSS : $118.30 (70 PIPS) TAKE PROFIT 1- $132.30 (70 PIPs) TAKE PROFIT 2- $139.30 (140 PIPs) TAKE PROFIT 3-$146.30 (210 PIPs) STATUS : activeLongby MavRich_Trading112
IBM Shift to BullishIMB Shifting to Bullish! 4hr Pinky has crossed the 30 Golden Line. Look for a Bullish up rise over next few weeks.Longby ProFxMarketSniper2
IBM $120.75 Entry / Great Recovery Company0. We are looking at IBM lately, and like what we are seeing. 1. We like IBM, summed up here: IBM Deep Dive: Strategy Shift Driving Growth; Attractive Share Price And Dividend Yield Summary IBM is successfully pivoting itself away from its declining legacy products and towards growth as a cloud, software, and services company. 60% of IBM’s revenue is recurring, and the Company touts a long-tenured, highly diversified customer base. For the first time in over a decade, we expect IBM to return to sustained growth in 2021, driven by a successful business transition. Considering IBM’s forecasted growth, thecurrent valuation levels are highly attractive. IBM pays a handsome dividend yield of 5.3% and has a 25-year history of increasing its annual dividend. seekingalpha.comLongby drchelsea1Updated 4
IBMAs expected gapped down after trading side ways at trend line. Now supported at 116. If that is broken can see 112, 109 etc. Will likely visit 20 MA first forming lower heigh Shortby dragonboys1
IBM - Bottom of Channel / $120-$122 Entry / $135 Target TOC0. IBM about to head to the top of the channel; 1. Target $135; 2. Notes to follow; 3. IBM Heading to $160;Longby drchelsea1Updated 224
$IBM Expectd sharp move after 4 months of consolidation $IBM was on very ugly consolidation after March low . its even did not join the party of Tech stocks and formed 4 lower highs with 3 higher lows . all scenarios are possible. it could target 144 and 106 on coming days but indicators showing negativity which suggests more down trend targeting 106 or even march lows. Shortby WinnerTrader99Updated 1
IBM - Almost finished consolidating before a big moveAdd to your watchlist. Excellent setup formingby D3F3AT0