IBM's most recent trend suggests a bearish bias. One trading opportunity on IBM is a Bear Call Spread using a strike $140.00 short call and a strike $150.00 long call offers a potential 7.99% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $140.00 by expiration. The full premium credit of $0.74 would be kept by the premium seller. The risk of $9.26 would be incurred if the stock rose above the $150.00 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 38.43 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for IBM
[$$] Buffett Bolts From Herd in Bet on Big Blue
Tue, 17 Nov 2015 04:47:54 GMT
The Wall Street Journal – Berkshire Hathaway bought more shares of International Business Machines in the third quarter, taking advantage of the stock’s slide.
[$$] Buffett Bolts From Herd in Bet on Big Blue
Tue, 17 Nov 2015 00:45:08 GMT
Four Bullish Takes from Billionaire Warren Buffett
Mon, 16 Nov 2015 20:45:05 GMT
IBM and Xilinx Announce Strategic Collaboration to Accelerate Data Center Applications
Mon, 16 Nov 2015 20:00:10 GMT
noodls – AUSTIN, Texas, Nov. 16, 2015 /PRNewswire / — IBM (NYSE: IBM), and Xilinx, Inc. (NASDAQ: XLNX), today announced a multi-year strategic collaboration to enable higher performance and energy-efficient data …
Major changes seen in Warren Buffett's Berkshire Hathaway stock holdings
Mon, 16 Nov 2015 17:31:52 GMT
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