On January 21, 2020, IBM released it's earning per share (EPS) which was 4.71 that means it was greater than the previous earning which was 2.68 by almost 75%. This means IBM stock will be under high demand by investors and financial companies. Since earning is the only things that matter especially when it comes to the stock market as explained in my blog, and since IBM chart shows the following criteria :
- Strong support at 133.5
- Cup with handle pattern at this level.
- Increase in volume at the last week which will support breaking 144 resistance.
- Increase in MACD that confirms the Cup and handle pattern.
All the above facts increase the probability for this stock to go up and reach at least 200 $.
I recommend buying this stock and hold it for almost 6 months or to reach 200 $ since its profit will be significant.
Best wishes to you all.
- Strong support at 133.5
- Cup with handle pattern at this level.
- Increase in volume at the last week which will support breaking 144 resistance.
- Increase in MACD that confirms the Cup and handle pattern.
All the above facts increase the probability for this stock to go up and reach at least 200 $.
I recommend buying this stock and hold it for almost 6 months or to reach 200 $ since its profit will be significant.
Best wishes to you all.
액티브 트레이드
IBM's stocks prove my idea was right especially after the good earning that the company has in its first quarter which was (EPS = 4.71). I strongly recommend holding any position bought based in the above idea and take profit at 200 $
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.