Hello Traders, welcome to today's analysis of International Business Machines.
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Explanation of my video analysis:
All the way back in 2012 IBM created a major top formation by breaking below strong support at $180 and we saw a significant decline in stock price from there. After we then saw a reversal and a breakout in 2022, IBM is certainly back to a...
Hello,
If you're here, you've likely encountered the timeless advice of "buying at the bottom and selling at the top " is an advice you must have heard by now. However, executing this is one of the most difficult things for most people to do. This is majorly because most people cannot tell where the stock is at during any particular point in time.
Fundamentals...
Hi, there it lubosi stocks, and am here to show you the rocket booster strategy.
Now let's look at this chart what do you see?
The rocket booster strategy is like this:
#1 Price has to gap up
#2 50 Ema should cross above the 200 EMA
#3 Price has to be above both ema's
It hurts to miss this type of trade but that's
how trading goes some trade you catch and...
How to Play IBM with the least risk
I am looking at a few possible scenarios' for taking a position in IBM with the least possible risk.
Scenario 1
Price drops below 1/25 low, but not by much and then starts moving back up. I would take position long with a stop about .20 below the low. I would take 1/2 profit once I get a 2/1 return.
Scenario 2
If...
We have a nice looking Cup with Handle on IBM and it's currently Challenging the $140 Psychological Resistance Level, if it can get above that i think we will see IBM's stock price push towards the $175-$180 measured move. On a side not i also believe the Dow will be the strongest performing Maor US Index and reach all time highs before any other index and that...
As the chart shows, the closing price on January 24 = USD 173.79, closing price on January 25 = USD 190.19. At yesterday's peak, IBM's share price was above USD 196, helped by a strong fourth-quarter earnings report that was positive about the company's prospects due to advances in AI.
→ Total revenue was USD 17.381 billion, compared to USD 16.690 billion in the...
IBM has recorded its 3 straight year of significant price growth since falling to 87.0 level on January 2020 - during the pandemic era. Since then, price has significantly recovered and fundamental growth has been as consistent as ever even in the pandemic years. Yearly Revenues has steadily increased with no miss.
Here's is the financial breakdown of the last 3...
In a remarkable turn of events, IBM ( NYSE:IBM ) is making waves in the financial markets as its stock soars on the back of robust fourth-quarter earnings and an optimistic full-year revenue outlook. The surge, driven by escalating demand for the tech giant's artificial intelligence (AI) products and consultancy services, is propelling NYSE:IBM shares towards a...
IBM BULL Gartley harmonic pattern on 1M and 3M time periods, currently nearing (C) breakout level.
Jurik's PPO Percent Rank nearing end of heavy accumulation period.
For IBM I like think it'll definitely hit resistance but the good news is that it's above the current price point, and it'll probably hit $175 before it makes any meaningful pullback.
That's all!
Thank you as always for watching my analysis. Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose! This is not financial advice just my opinion!
With all the AI meme companies rocking the market last year, this behemoth has silently honed its skills in that domain and could stand to benefit from the mass AI adaption in years to come. Monthly chart clearly shows the potential. 2024 is likely to mark the turnaround year for IBM.
Upside targets: 175, 190
The flag formation is very clearly visible on the M30 in a strong bull market on D1. The flag was broken on Friday. The question arises whether we will be able to open a transaction on Monday at a good price, or whether the price will fly too quickly northward.
If it is possible to enter approximately as marked on the chart, there is a chance for an R:R of...
Ripple Labs-owned subsidiary Metaco has joined hands with IBM to create a major top tier tech for digital asset safety.
Ripple Labs’ wholly-owned subsidiary Metaco recently joined hands with IBM to introduce Hyper Protect Offline Signing Orchestrator (OSO), a new technology that will facilitate the deployment of cold storage for digital assets.
The Metaco and...
As you can see here, we are above VWAP therefore I think with enough volume, and a strong hiekin ashi candlestick close above the resistance line, on the 5 minute chart then I believe we are valid for a strong breakout. Definetely keep this stock on your watchlist. NYSE:IBM
