IBM's most recent trend suggests a bearish bias. One trading opportunity on IBM is a Bear Call Spread using a strike $187.50 short call and a strike $192.50 long call offers a potential 11.86% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $187.50 by expiration. The full premium credit of $0.53 would be kept by the premium seller. The risk of $4.47 would be incurred if the stock rose above the $192.50 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 31.05 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for IBM
[$$] IBM Unveils Chip Simulating Brain Functions
Fri, 08 Aug 2014 03:54:16 GMT
The Wall Street Journal – IBM says it has developed a microchip that simulates brain functions to perform calculations. IBM says the chip is a sharp break from the fundamental design used in most computers.
Engadget Daily: IBM's brain-like chip, SexFit's sensual wearable and more!
Fri, 08 Aug 2014 01:04:00 GMT
IBM unveils ‘brain-like' chip that can interpret complex data
Fri, 08 Aug 2014 00:31:21 GMT
Reuters – International Business Machines Corp unveiled a “brain-like” computer chip on Thursday that is the size of a postage stamp and capable of processing massive amounts of data while handling inputs from many different sources, the company said. The announcement comes one month after IBM unveiled a $3 billion investment over the next five years in chip research and development to find a game-changing breakthrough that can help revive its slumping hardware unit. “After years of collaboration with IBM, we are now a step closer to building a computer similar to our brain,” said Professor Rajit Manohar at Cornell Tech, where the chip was designed.
How Will IBM Be Affected By New Chip That Simulates Brain Function?
Thu, 07 Aug 2014 21:41:00 GMT
TheStreet – IBM (IBM) has developed a new chip that the information technology company says possesses features of the brain.
[$$] Maybe Drug-Test Participants Should Count for More
Thu, 07 Aug 2014 20:59:50 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook