IBM's most recent trend suggests a bearish bias. One trading opportunity on IBM is a Bear Call Spread using a strike $160.00 short call and a strike $170.00 long call offers a potential 9.77% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $160.00 by expiration. The full premium credit of $0.89 would be kept by the premium seller. The risk of $9.11 would be incurred if the stock rose above the $170.00 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 at 25.96 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for IBM
IBM says cloud business enjoying “breakthrough year”
Thu, 18 Dec 2014 06:26:54 GMT
IBM's Outgoing General Counsel Looks Back at the Future
Wed, 17 Dec 2014 22:03:41 GMT
The Wall Street Journal – Robert C. Weber, whose nine-year tenure at IBM as general counsel comes to a close this year, said in an exit interview with Law Blog that the major “disrupters” in the legal profession will …
4 Ways to play tech
Wed, 17 Dec 2014 22:00:00 GMT
Equinix and IBM Accelerate Adoption of Hybrid Cloud Computing Initiatives
Wed, 17 Dec 2014 21:13:23 GMT
noodls – Enterprises benefit from direct access to IBM Cloud through Equinix Cloud Exchange, which now features enhanced API functionality REDWOOD CITY, Calif. and ARMONK, N.Y., Dec. 17, 2014 /PRNewswire/ — Equinix, …
4:06 pm IBM announce continued expansion of its global cloud computing network to 40 cloud centers with 12 new locations in Europe, Asia and the Americas
Wed, 17 Dec 2014 21:06:00 GMT
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