IBM's most recent trend suggests a bearish bias. One trading opportunity on IBM is a Bear Call Spread using a strike $185.00 short call and a strike $190.00 long call offers a potential 8.93% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $185.00 by expiration. The full premium credit of $0.41 would be kept by the premium seller. The risk of $4.59 would be incurred if the stock rose above the $190.00 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 38.94 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for IBM
Seaport’s Jason Weisberg More Bullish Than Dad, Ted (Audio)
Fri, 13 Jun 2014 17:21:24 GMT
Bloomberg – Ted Weisberg, president of Seaport Securities, says it’s wise to have some caution in a Federal Reserve-driven market. Son Jason Weisberg, head of institutional trading at Seaport Securities, says he’s more of a raging bull. Ted and his son Jason speak with Bloomberg’s Kathleen Hays and Vonnie Quinn on Bloomberg Radio’s “The Hays Advantage” as part of a special Father’s Day tribute show.
Is Google Replacing IBM As King Of The World?
Fri, 13 Jun 2014 12:39:02 GMT
Seeking Alpha – There are currently 23 computer services companies in the Forbes 2000 list and each year the number gets higher as obsolete technologies like coal and newspapers are replaced by new inventions like Nest …
Bwin shares fall as new global gaming giant formed through $4.9bn deal
Fri, 13 Jun 2014 11:22:23 GMT
Kingyoup Unveils High Throughput Semiconductor Wafer Bonding & Debonding Tool at ECTC 2014
Fri, 13 Jun 2014 10:00:00 GMT
PR Newswire – NEW TAIPEI CITY, June 13, 2014 /PRNewswire/ — Kingyoup Optronics Co., Ltd. (“Kingyoup”) during the IEEE Electronics Components and Technology Conference (ECTC) held at Orlando, Florida USA, …
Kingyoup Unveils High Throughput Semiconductor Wafer Bonding & Debonding Tool at ECTC 2014
Fri, 13 Jun 2014 10:00:00 GMT
PR Newswire – NEW TAIPEI CITY, June 13, 2014 /PRNewswire/ — Kingyoup Optronics Co., Ltd. (“Kingyoup”) during the IEEE Electronics Components and Technology Conference (ECTC) held at Orlando, Florida USA, …
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