IBM's most recent trend suggests a bullish bias. One trading opportunity on IBM is a Bull Put Spread using a strike $175.00 short put and a strike $165.00 long put offers a potential 9.53% 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 $175.00 by expiration. The full premium credit of $0.87 would be kept by the premium seller. The risk of $9.13 would be incurred if the stock dropped below the $165.00 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 44.32 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for IBM
Supreme Court sets strict standard for computer patents
Thu, 19 Jun 2014 21:12:59 GMT
A German Voice, Hans-Olaf Henkel, Calls for Euro’s Abolition
Thu, 19 Jun 2014 20:03:53 GMT
Supreme Court tosses ‘abstract' software patent
Thu, 19 Jun 2014 19:02:12 GMT
AP – The Supreme Court on Thursday tossed out an Australian company's patent for business software in a decision that clarifies standards for awarding patents, but not as much as some firms had hoped. In a …
Tobias Lee of Thomson Reuters Selected by ExecReps as a Top CMO for 2013
Thu, 19 Jun 2014 18:53:01 GMT
Thomson Reuters ONE – NEW YORK, June 19, 2014 – Tobias Lee, chief marketing officer for the Tax & Accounting business of Thomson Reuters, has moved up seven spots in the ExecReps` ExecRank listing of the nation`s top CMOs for …
IBM, Pure Storage sign cross-licensing agreement
Thu, 19 Jun 2014 14:31:58 GMT
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