IBM's most recent trend suggests a bullish bias. One trading opportunity on IBM is a Bull Put Spread using a strike $185.00 short put and a strike $175.00 long put offers a potential 9.77% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $185.00 by expiration. The full premium credit of $0.89 would be kept by the premium seller. The risk of $9.11 would be incurred if the stock dropped below the $175.00 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 53.16 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for IBM
Microsoft Hikes Dividend, Adds Board Members
Wed, 17 Sep 2014 20:36:00 GMT
EXCLUSIVE: How Former IBM Exec Mychelle Mollot Will Help Klipfolio
Wed, 17 Sep 2014 19:15:17 GMT
Building the next generation of smart cities
Wed, 17 Sep 2014 18:40:35 GMT
paidContent.org – Open data standards, low-cost sensors, and internet of things connectivity are helping cities create new technology platforms to manage social interactions, the environment, health, transportation, water …
International Business Machines Corp. Stock Working To Break To The Upside And Prove Bears Wrong
Wed, 17 Sep 2014 16:07:36 GMT
Benzinga – The last time the International Business Machines Corp. (NYSE: IBM ) story was covered on August 21 , technicians noted that the bears would remain in control as long as the stock did not close above the …
IBM Offers Workers Training and Pay Cuts
Wed, 17 Sep 2014 15:18:41 GMT
New York Times – IBM is cutting the pay of some of its services workers by 10 percent while they are being trained in cloud, mobile and big data computing.
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