IBM's most recent trend suggests a bearish bias. One trading opportunity on IBM is a Bear Call Spread using a strike $190.00 short call and a strike $200.00 long call offers a potential 6.27% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $190.00 by expiration. The full premium credit of $0.59 would be kept by the premium seller. The risk of $9.41 would be incurred if the stock rose above the $200.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for IBM is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for IBM is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for IBM
Study: Mobile Sales Hit Tipping Point in 2013
Fri, 03 Jan 2014 00:17:06 GMT
The Wall Street Journal – As a percentage of online sales, mobile devices made big strides in 2013, according to a new IBM study. The strong numbers attest both to consumer comfort with mobile e-commerce as well as increased digital …
GE will climb back to the $40s in 2014: Cramer
Thu, 02 Jan 2014 23:25:00 GMT
CNBC – Mad Money host Jim Cramer dissects Dow Jones stocks going into 2014. Cramer explains why it is time to shake Merck up and why Goldman Sachs will benefit from the Volcker rule.
2014 Will Be a Big Year For IBM
Thu, 02 Jan 2014 23:01:59 GMT
Motley Fool – After losing server market share to Hewlett-Packard in 2013, along with seeing Amazon dominate the cloud computing market, 2014 will be a far better year for IBM. The launch of ambitious cloud software …
The Five Innovations That Will Change Your Life
Thu, 02 Jan 2014 22:21:59 GMT
Bloomberg – Jan. 2 (Bloomberg) –- IBM Chief Innovation Officer Bernie Meyerson discusses what IBM is working on that will change your life in the next 5 years with Adam Johnson and Julie Hyman on Bloomberg Television’s …
A Friendly Reminder: The Dow Looks Great Right Now
Thu, 02 Jan 2014 19:02:11 GMT
Motley Fool – The Dow Jones Industrial Average is down at the start of 2014, but you don't have to go back very far to see how bullish the market trend really is.
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