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 $170.00 long put offers a potential 15.47% return on risk over the next 10 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 $1.34 would be kept by the premium seller. The risk of $8.66 would be incurred if the stock dropped below the $170.00 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 43.59 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for IBM
Lenovo CEO says acquisitions to hit short-term performance
Thu, 13 Feb 2014 01:23:08 GMT
Reuters – BEIJING (Reuters) – Lenovo Group Ltd's recent string of multi-billion-dollar acquisitions will have a negative impact on the Chinese personal computer maker's performance in the short term, Chief Executive …
Lenovo CEO says acquisitions to hit short-term performance
Thu, 13 Feb 2014 01:23:08 GMT
Reuters – Lenovo Group Ltd's recent string of multi-billion-dollar acquisitions will have a negative impact on the Chinese personal computer maker's performance in the short term, Chief Executive Yang Yuanqing said …
Lenovo third-quarter net profit jumps 29 percent, beats estimates
Thu, 13 Feb 2014 00:29:32 GMT
Reuters – BEIJING (Reuters) – China's Lenovo Group Ltd, the world's biggest maker of personal computers, said third-quarter net income rose 29 percent from a year earlier, beating estimates as sales grew in both …
Lenovo third-quarter net profit jumps 29 percent, beats estimates
Thu, 13 Feb 2014 00:29:32 GMT
Reuters – China's Lenovo Group Ltd, the world's biggest maker of personal computers, said third-quarter net income rose 29 percent from a year earlier, beating estimates as sales grew in both its PC and smartphone …
IBM's ‘Watson' makes its first investment
Thu, 13 Feb 2014 00:21:00 GMT
Fortune – FORTUNE — Last month, IBM committed to invest $100 million in tech startups that are leveraging Watson, the company's famed cognitive computing platform. Today, IBM (IBM) will announce that the first …
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