IBM's most recent trend suggests a bullish bias. One trading opportunity on IBM is a Bull Put Spread using a strike $144.00 short put and a strike $139.00 long put offers a potential 25% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $144.00 by expiration. The full premium credit of $1.00 would be kept by the premium seller. The risk of $4.00 would be incurred if the stock dropped below the $139.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for IBM is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for IBM is bullish.
The RSI indicator is at 40.41 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for IBM
IBM Patents Coffee Delivery Drone That Uses an “Unspooling String”
Thu, 23 Aug 2018 20:42:51 +0000
The tech giant said that the drone is capable of detecting when people are tired by honing in on a person’s “cognitive state” in the workplace. The device can reportedly detect biological information from workers, including blood pressure, pupil dilation, as well as facial expressions to determine whether or not they are tired. The IBM coffee delivery drone lowers the cups of coffee on an “unspooling string,” while the company is also creating an alternative to deliver the beverages in a sealed bag to prevent spillages.
3 Big Reasons IBM Stock Will Rise Again in the Very near Future
Thu, 23 Aug 2018 15:13:32 +0000
When Apple’s (NASDAQ:AAPL) Steve Jobs was building the company in the early days, he saw IBM (NYSE:IBM) as a nemesis. In fact, in his iconic “1984” commercial, Big Blue was essentially portrayed as Big Brother! Still, nothing was safer than IBM stock. With Apple hitting $1 trillion in market value recently, Jobs has finally gotten his revenge from beyond the grave.
3 Tech Stocks That Have a Killer Advantage
Thu, 23 Aug 2018 12:50:00 +0000
These companies have durable competitive advantages that have stood the test of time.
Is Oracle Gaining from Steady R&D Expenditures?
Thu, 23 Aug 2018 11:32:49 +0000
Leading database management player Oracle (ORCL) has built a strong IP (intellectual property) portfolio driven by the company’s huge expenses on R&D (research & development). The company’s dominance in both Fusion ERP (Enterprise Resource Planning) and HCM (Human Capital Management) in the cloud is helping the company boost its market presence.
Coffee-delivering drones in the office? IBM inventors say yes
Wed, 22 Aug 2018 15:59:19 +0000
IBM inventors file for a coffee-delivering office drone patent that will deliver coffee to those who seem to need a caffeine pick-me-up.
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