IBM trade ideas
IBM SHORTIn 2018 october the IBM has been broken down the 2009 trend line. Now testing again this line. The next month it moving down to 105$
IBM Rising Wedge Short We see some good jumps on the chart, is it possible that it is time for a pullback by this rising wedge?
The wedge is closing in so the answer is near, just like the USDCHF trade I'm not trading it yet.
Would like some feedback, or a like!
Thanks for reading
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.
