IBM's most recent trend suggests a bullish bias. One trading opportunity on IBM is a Bull Put Spread using a strike $150.00 short put and a strike $140.00 long put offers a potential 5.93% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $150.00 by expiration. The full premium credit of $0.56 would be kept by the premium seller. The risk of $9.44 would be incurred if the stock dropped below the $140.00 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 67.36 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for IBM
[$$] IBM CEO Offers Donald Trump Advice
Wed, 16 Nov 2016 09:41:53 GMT
The Wall Street Journal – IBM CEO Ginni Rometty published an open letter to U.S. President-elect Donald Trump—who as candidate had criticized the company for moving jobs overseas—with recommendations on issues including infrastructure …
IBM's Digital Transformation
Wed, 16 Nov 2016 01:36:35 GMT
IBM's Digital Transformation
Wed, 16 Nov 2016 01:36:26 GMT
Bloomberg – Bob Lord, chief digital officer at IBM, discusses IBM's AI platform “Watson,” how it has transformed the company and what's ahead for IBM in the financial technology space. He speaks to Bloomberg's …
IBM Helps FinTechs Drive New Innovation in Payments, Lending, Blockchain and Know Your Customer
Wed, 16 Nov 2016 01:08:08 GMT
noodls – Singapore – 15 Nov 2016: Consumers and banks alike are increasingly turning to FinTechs for some of the most disruptive financial solutions in the market today. To support FinTechs worldwide, IBM (NYSE: …
IBM's Rometty Tells Trump Company Supports His Plans for Tax Reform Early in 2017
Tue, 15 Nov 2016 20:51:00 GMT
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