IBM's most recent trend suggests a bullish bias. One trading opportunity on IBM is a Bull Put Spread using a strike $180.00 short put and a strike $175.00 long put offers a potential 13.12% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $180.00 by expiration. The full premium credit of $0.58 would be kept by the premium seller. The risk of $4.42 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 56.13 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for IBM
“The Buyers Arrive” — A Round-Up Of Strata 2014 In Santa Clara
Fri, 14 Feb 2014 04:08:00 GMT
IBM to axe 13,000 jobs globally, starts with India
Fri, 14 Feb 2014 03:30:58 GMT
Tech in Asia – In a bad start to 2014 for the IT industry, IBM (NYSE:IBM) is reportedly axing 13,000 jobs from its global operations, according to a source cited by WRALTechWire. The lay-offs in India are already underway, …
Court: IBM broke deal, but still deserves $50M
Thu, 13 Feb 2014 21:39:40 GMT
Court: IBM broke deal, but still deserves $50M
Thu, 13 Feb 2014 21:39:40 GMT
NSA Damage Control: IBM Chief Executive Heads to China
Thu, 13 Feb 2014 20:37:04 GMT
Wall St. Cheat Sheet – IBM head Ginni Rometty is in China this week to reassure regulators there that they won't be spied on when using the company's products.
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