There's no long analysis needed. If the pattern plays out, the trend has changed. I'm buying put options with expirations just past next earnings report. In technical analysis, an island reversal is a chart pattern with compact trading activity within a range of prices, separated from the move preceding it. This separation shown on the chart, is said to be caused...
Stodgy old NYSE:IBM has had quite a run over the last few months. I am sorry to say I have missed it. Earnings are now out of the way and as you can see, we have a 3-weeks tight pattern. It has recently been setting new 52 week highs as well. If you are a Wiiliam O’Neil follower, he states in his writings that a 3-weeks tight pattern can lead to some serious...
Waiting for a monthly close above the 8-year downtrend line to get in. The chart is pretty messy but many other signals are converging around that area (200-month EMA, 50-month EMA, .382 Fib). Price had a false breakout early in the downtrend based on the trendline I drew but I drew it where it is because it had many hits along this line. If price breaks out...
Position: Bought 80, 290 strike OTM January 17 2025 Calls at $0.08 TA: Bull flag with a symmetrical triangle at the tail end of it. Targeting underlying price of between $235 and $250 between May 2024 and November 2024. FA: Market Cap $170B with Revenue at GETTEX:61B annually as of 2023, with positive earnings. Deeply undervalued compared to other names like...
## IBM: Short Fundamentals, Recent News, and Disclaimer **Fundamentals:** * **Industry:** Information Technology (IT) Services & Consulting * **Market Cap:** $132.94 billion (as of February 20, 2024) * **P/E Ratio:** 24.95 (as of February 20, 2024) * **Dividend Yield:** 4.55% (as of February 20, 2024) * **Recent Performance:** Stock price down 1.2% year-to-date...
I think this stock has a potential to grow today if it will close above the 188,5 on a shorter TF 5M-15M. If you have decided to trade it, don´t set unreal profit targets, try to TP your trade partially. Enter just if-when entry conditions are met, not earlier (becaouse of more favorable price). After entry set your SL at the suggested area. If you follow me, I...
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Hello Traders, welcome to today's analysis of International Business Machines. -------- 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...
IBM bull flag pt 220 (new ath) in active 3M bull gartley harmonic pattern (see earlier idea)
Ibm moved quick and has now filled the GAP looking to go long and keep moving upwards. RSI STILL above the zero line and MCAD over over sold.
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.