How the (IBM) price action is used to our Advantage
April 23, 2025, 22:34 pm ET, BY Neal- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for IBM
- Buy IBM near 236.62 target 256.35 stop loss @ 235.94 Details
The technical summary data tells us to buy IBM near 236.62 with an upside target of 256.35. This data also tells us to set a stop loss @ 235.94 to protect against excessive loss in case the stock begins to move against the trade. 236.62 is the first level of support below 245.48 , and by rule, any test of support is a buy signal. In this case, support 236.62 would be being tested, so a buy signal would exist.
- Short IBM slightly under 256.35, target 236.62, stop loss @ 257.09 Details
The technical summary data is suggesting a short of IBM as it gets near 256.35 with a downside target of 236.62. We should have a stop loss in place at 257.09though. 256.35 is the first level of resistance above 245.48, and by rule, any test of resistance is a short signal. In this case, if resistance 256.35 is being tested, so a short signal would exist.
Swing Trading Plans for IBM
- Buy IBM slightly over 249.83, target 256.35, Stop Loss @ 249.11 Details
If 249.83 begins to break higher, the technical summary data tells us to buy IBM just slightly over 249.83, with an upside target of 256.35. The data also tells us to set a stop loss @ 249.11 in case the stock turns against the trade. 249.83 is the first level of resistance above 245.48, and by rule, any break above resistance is a buy signal. In this case, 249.83, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short IBM slightly near 249.83, target 240.78, Stop Loss @ 250.55. Details
The technical summary data is suggesting a short of IBM if it tests 249.83 with a downside target of 240.78. We should have a stop loss in place at 250.55 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 249.83, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for IBM
- Buy IBM slightly over 246.43, target 249.83, Stop Loss @ 245.86 Details
If 246.43 begins to break higher, the technical summary data tells us to buy IBM just slightly over 246.43, with an upside target of 249.83. The data also tells us to set a stop loss @ 245.86 in case the stock turns against the trade. 246.43 is the first level of resistance above 245.48, and by rule, any break above resistance is a buy signal. In this case, 246.43, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short IBM slightly near 246.43, target 240.78, Stop Loss @ 247. Details
The technical summary data is suggesting a short of IBM if it tests 246.43 with a downside target of 240.78. We should have a stop loss in place at 247 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 246.43, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for International Business Machines Corporation (IBM) available here: IBM.
IBM Ratings for April 23:
Term → | Near |
Mid |
Long |
Rating |
Strong |
Neutral |
Strong |
P1 |
0 |
0 |
236.62 |
P2 |
239.29 |
240.78 |
256.35 |
P3 |
246.43 |
249.83 |
276.09 |
AI Generated Signals for IBM
Blue = Current Price
Red= Resistance
Green = Support
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Our job as #investors is to pay attention to the #stocks we own. Part of that involves looking at the #fundamentals, but half of the disclosure comes from looking at price action. The International Business Machines Corporation (NYSE: IBM) data table below can help you with price action, and we have more details too. Trading plans for IBM are shown here too; these plans are updated in real time for subscribers, where this report is static. If you want an update, or a report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for IBM: