pool adsInternational Business Machines $IBM is Strong on a Near Term Basis, Shown in Charts and Graphs
International Business Machines (NYSE: IBM) is Strong on a Near Term Basis, Shown in Charts and Graphs below.
Suggestion: update this report regularly because the data changes as the stock price changes over time.
The technical data in the table below shows both support and resistance levels, and that data allows us to create objective trading plans. The data can be used to create swing trading, day trading, and longer term trading plans, each with integrated risk controls; we do this for about 1300 other stocks too.
Review the Longer Term Plans for this one below and SUBSCRIBE to get real time updated day, swing, and long term trading plans on about 1300 other stocks as well.
Unlimited Updates: We’ll also give you unlimited updates. After subscribing, please reply to the welcome email with “Unlimited” in the subject line, and we’ll make sure you get unlimited updates on all of the stocks we follow.
Technical Summary
| Term → | Near | Mid | Long |
|---|---|---|---|
| Rating | Strong | Neutral | Neutral |
| P1 | 144.34 | 137.19 | 132.39 |
| P2 | 145.75 | 142.30 | 144.42 |
| P3 | 147.24 | 147.09 | 157.12 |
Support and Resistance Plot Chart for IBM
Long Term Trading Plans for IBM
July 17, 2018, 9:59 am ET
The technical Summary and Trading Plans for IBM help you make important decisions; where to buy, where to sell, and where to set risk controls. Market direction matters too, so review our market analysis in conjunction with this. Better yet, use our Stock Correlation Filters to find stocks that are likely to move with the market.
IBM - (Long) Support Plan
Buy over 144.42 target 157.12 stop loss @ 144.16.
The technical summary data tells us to buy IBM near 144.42 with an upside target of 157.12. This data also tells us to set a stop loss @ 144.16 to protect against excessive loss in case the stock begins to move against the trade. 144.42 is the first level of support below 145.46 , and by rule, any test of support is a buy signal. In this case, support 144.42 is being tested, a buy signal would exist.
IBM - (Short) Resistance Plan
Short under 157.12 target 144.42 stop loss @ 157.38
The technical summary data is suggesting a short of IBM as it gets near 157.12 with a downside target of 144.42. We should have a stop loss in place at 157.38 though. 157.12 is the first level of resistance above 145.46, and by rule, any test of resistance is a short signal. In this case, if resistance 157.12 is being tested, a short signal would exist.
Blue = Current Price
Red= Resistance
Green = Support
Real Time Updates for Repeat Institutional Readers:
Factset: Request User/Pass
Bloomberg, Reuters, Refinitiv, Zacks, or IB users: Access Here.
Our Market Crash Leading Indicator is Evitar Corte.
Evitar Corte warned of market crash risk four times since 2000.
It identified the Internet Debacle before it happened.
It identified the Credit Crisis before it happened.
It identified the Corona Crash too.
See what Evitar Corte is Saying Now.
Get Notified When our Ratings Change: Take a Trial
