IBM's most recent trend suggests a bearish bias. One trading opportunity on IBM is a Bear Call Spread using a strike $117.00 short call and a strike $122.00 long call offers a potential 43.68% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $117.00 by expiration. The full premium credit of $1.52 would be kept by the premium seller. The risk of $3.48 would be incurred if the stock rose above the $122.00 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 below 20 which suggests that the stock is in oversold territory.
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 Is Finally Growing Again. And the Stock Is One of Tech’s Biggest Bargains.
Sun, 28 Nov 2021 19:46:00 +0000
The company’s artificial intelligence platform, known as Watson, went on Jeopardy! “I, for one, welcome our new computer overlords,” Jennings, who once won 74 Jeopardy! The stunt turned Watson into a household name, and raised expectations for the societal and financial impact of IBM’s AI business.
IBM Cast Off Kyndryl. Here’s What Investors Should Do With the Stock.
Fri, 26 Nov 2021 09:00:00 +0000
As part of its corporate reset, IBM has spun off its low-margin services business. Why investors should steer clear.
Quantum Computing Remains Mostly Promise, but Maybe Not for Long. How to Play It.
Fri, 26 Nov 2021 09:00:00 +0000
Quantum computing remains mostly promise, but maybe not for long. IBM now has more than 20 quantum computers working to solve big problems.
Supply chain environment ‘most dynamic I've ever seen,' Pure Storage CEO says
Wed, 24 Nov 2021 16:13:16 +0000
Pure Storage CEO Charlie Giancarlo discusses how the cloud technology company manages to grow customer demand, addresses labor shortage issues, and deals with supply chain bottlenecks.
15 Most Valuable Data Companies in the World
Wed, 24 Nov 2021 10:37:53 +0000
In this industry analysis article, we will take a look at the 15 most valuable data companies in the world. You can skip our detailed analysis of these companies, and go directly to the 5 Most Valuable Data Companies in the World. The rapid advance of modern-day computing has created industries that many would have […]
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