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 9.65% return on risk over the next 22 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 $0.88 would be kept by the premium seller. The risk of $9.12 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 33.58 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for IBM
Defense Department Deal Ignites Bidding War
Sun, 29 Jun 2014 18:32:12 GMT
Motley Fool – Allscripts (MDRX), Computer Sciences (CSC), and Hewlett Packard (HPQ) are teaming up in a bid to win an $11 billion contract with the Department of Defense to create a new electronic health records system….
Is Now Time to Buy NetApp?
Sun, 29 Jun 2014 14:02:14 GMT
Motley Fool – NetApp has been under pressure in recent months, but is it time to buy?
What China's Distrust Means for IBM as the Nation Pulls the Plug
Fri, 27 Jun 2014 10:00:00 GMT
TheStreet – The Chinese government is reassessing whether financial and national security is being compromised by what it deems as an unacceptable reliance on IBM technology.
All-Flash Arrays Offer Strong Opportunity For NetApp Despite Competition
Thu, 26 Jun 2014 19:51:55 GMT
Seeking Alpha – At the end of 2012, NetApp ( NTAP ) was the third largest player in the all-flash storage array market behind Violin Memory and IBM ( IBM ), according to Gartner. [1] Rival EMC ( EMC ) launched the XtremIO …
Accenture trims profit forecast as margins come under pressure
Thu, 26 Jun 2014 17:13:05 GMT
Reuters – By Lehar Maan and Abhirup Roy (Reuters) – Accenture Plc, a consulting and outsourcing services provider, cut the top end of its full-year earnings forecast as margins come under pressure, taking the shine …
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