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 $165.00 long call offers a potential 10.13% return on risk over the next 10 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 $0.46 would be kept by the premium seller. The risk of $4.54 would be incurred if the stock rose above the $165.00 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 33.4 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for IBM
IBM Crafts a Role for Artificial Intelligence in Medicine
Tue, 11 Aug 2015 04:42:38 GMT
Cramer: Why we rallied
Mon, 10 Aug 2015 22:00:00 GMT
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Merge Healthcare Incorporated of Commencement of an Investigation Concerning the Fairness of the Sale of the Company to IBM — MRGE
Mon, 10 Aug 2015 20:39:00 GMT
PR Newswire – NEW YORK, Aug. 10, 2015 /PRNewswire/ — The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased Merge Healthcare Incorporated stock prior to August 6, …
Despite IBM’s wild ride on the stock market, Warren Buffett remains optimistic
Mon, 10 Aug 2015 19:18:38 GMT
Fortune – IBM’s stock has taken a wild ride over the past few weeks, but that doesn’t bother legendary CEO and investor Warren Buffett.
Buffett wrong on Big Blue: Pro
Mon, 10 Aug 2015 18:07:00 GMT
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