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 22.4% return on risk over the next 39 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 $1.83 would be kept by the premium seller. The risk of $8.17 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 at 31.59 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for IBM
[$$] SAP Turns to IBM to Expand Cloud Reach
Wed, 15 Oct 2014 04:41:38 GMT
The Wall Street Journal – SAP SE and International Business Machines Corp. are taking their long-running collaboration to the cloud, a move designed to exploit IBM’s expanding network of data centers.
IBM Scores Another Win Over Amazon's Cloud Thanks To SAP
Tue, 14 Oct 2014 20:43:10 GMT
Business Insider – On Tuesday, longtime partners IBM and SAP…
[$$] IBM, SAP Team Up to Deliver Software Online
Tue, 14 Oct 2014 20:41:50 GMT
The Wall Street Journal – Companies in some countries are getting particular about where their data is stored, a trend that SAP SE and International Business Machines Corp. hope to turn to their advantage in delivering software …
SAP And IBM Get Intimate–Real Value Or Hook Up Of The Oldies?
Tue, 14 Oct 2014 20:00:00 GMT
How Will IBM (IBM) Stock React to SAP(SAP) Deal?
Tue, 14 Oct 2014 19:23:00 GMT
TheStreet – IBM (IBM) will let SAP (SAP) use its data centers so it can deliver its enterprise applications to customers via the Web.
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