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 24.69% return on risk over the next 12 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 $1.98 would be kept by the premium seller. The risk of $8.02 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 below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for IBM
IBM accuses Twitter of 3 patent infringements
Tue, 05 Nov 2013 09:04:09 GMT
IBM accuses Twitter of 3 patent infringements
Tue, 05 Nov 2013 08:22:14 GMT
IBM: Unloved And Undervalued
Tue, 05 Nov 2013 07:56:13 GMT
Seeking Alpha – The era of data collection and analytics (to increase efficiency and foster further innovation) is well under way. Massive amounts of data will need to be analyzed and managed. International Business Machines …
New BlackBerry boss John Chen out to prove sceptics wrong
Tue, 05 Nov 2013 02:07:54 GMT
Berry picking: a look back at BlackBerry's long list of potential buyers
Tue, 05 Nov 2013 00:47:02 GMT
The Verge – After months of rumors that BlackBerry was just one tech giant's whim away from being acquired, the struggling smartphone maker narrowly avoided that fate this morning by taking a last-minute cash injection and swapping out its CEO. That certainly doesn't mark the end of the line for BlackBerry acquisition talk, but it might put it on hold for now. Of course, getting here was no short road: just about everyone in the business has been rumored to eye BlackBerry's assets at one point or another. Mike Lazaridis co-founded BlackBerry — then RIM — back in 1984, and was only removed from his position as co-CEO last year.
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