IBM
IBM: All Good Things Come In Threes 🏀🏀🏀After perfectly hitting the previous two trading zones, we made a good point for our analysis of the IBM stock. Here, we expect that the price will rise above $135.86 and should remain above that level for a long time. In fact, we believe that we are going to experience a pretty nice bullish trend here. If we remain over $105.92, there is little to worry about.
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ORCL Corporation Investor Presentation on Integrating LINKIt's only a matter of time before a major F50 Corporation such as ORCL publicly announces a full integration LINK "publicly", just as it was a matter of time for BTC and TSLA (and additional F50s) to eventually announce using their balance sheet to invest in BTC .
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When a F50 corporation finally publicly announces a full integration of LINK - LINK will melt faces and my short-term $250 price prediction will look conservative for LINK
Sell: 117.25Ingenuity Trading Club-
Geometric Markov Model : In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model is the fractal wave structure you can find on any chart you look at across any market and across all time dimensions.
Our model focuses on the current wave formation (current state)- geometric price formation along with its volume and volatility over a given time period and using that information to predict the future state- future price movement.
Trading inside the range / Real example and trade Idea IBMToday we have a long set up to share + a clear explanation of why we are developing this trade.
a) First of all, let's start on the weekly chart:
We can see a massive support zone. The price has reversed from there, and we can project previous resolutions to the current scenario. In this case, "expect a new bullish impulse."
b) Now that we have a clear Macro scenario, we will go to the current range.
c) When we are trading a Range, the most important thing is understanding: the Support and the resistance that make the range. Why do we want to understand this? Because those areas are Supply and Demand levels. and if we wait for the correct signal, we can trade with confidence towards the next Resistance (if you are on a bullish scenario) or towards the next support (if you are on a bearish scenario)
d) The idea of the previous item is to explain that you should NOT buy or sell a support or a resistance just because the price is there. As we said before, you need Filters. Which is our filter? Broken descending trendline + Corrective Structure + Enough distance to trade towards the next level with a risk rewards ratio above 1.5
e) In this case, we have all the previous conditions, and we will trade the breakout of the Flag Pattern. Entry above B / Stop below C / Break-Even first Fibo Extension / Take Profit on the 2nd fibo extension
f) We will cancel this setup if the price goes below C. We expect a resolution of 15 days as maximum if the entry is executed
019. PIGGISH PLAY - Short IBM's Mediocre EarningsIBM is so... so.
What I mean to say is that IBM is the epitome of mediocrity. The stock price ebbs and flows with the zeitgeist of the overall market. Seeing how this stock has paved its way into a well-established, clear downtrend, the play is rather straightforward given the in-line status update last night:
1) When you see yellow flames, they either:
i) diverge into green flames and move to the top trendline, or,
ii) diverge into orange flames --> red flames and down to the bottom trendline
2) Given their unsurprising mediocre report yesterday, I'd bet the farm that its the latter this time around
3) If using equity, enter on the open, set stops and limits according to the chart's annotations
4) If using puts, I recommend entering 120 strikes (10/30 expiration) and holding until ~105-110 for a solid premium flip
Today's market is primed for shorting the mediocre companies because of the fearful/bearish undertone established yesterday.
IBM is just the tip of the average iceberg, yet it will slip and slide just as well.
- So-So Pig
NYSE:IBM
SPCFD:SPX
NASDAQ:NDX
I like XLM at this point !!XLM looked like it broke out some months ago ....
It came back inside the multi month yellow channel and went as low as to touch the inferior line of the channel.
It tested it and shot right back up !
Since then XLM is performing very well.
.... and we are again approaching volume vacum.
I like XLM at this point !!
IBM Earnings report will be published todayNYSE:IBM The American technology giant publishes its quarterly earnings report with a very optimistic forecast.
The report will be published after the market closes.
Earlier this month the company announced that it is splitting itself into two separate public companies, a move that could attract new investors due to the result expected - a cut in the share price.
In recent years, the company has been mentioned as irrelevant and unable to keep the technology development speed like other leading tech companies such as Apple and Samsung but, with more than 350,000 employees serving clients in 170 countries and a great roadmap for long term development projects, IBM is absolutely still is considered a tech giant.
Analysts expect a Gross margin of 48.4% for the quarter.
Over the last 2 years, IBM has beaten EPS estimates 100% of the time and has beaten revenue estimates 38% of the time.
Revenue in 2019: $77 billion
Quarterly Revenue Forecast: $2.58 billion
IBM LONG SET UP (SIGNAL)TITLE : IBM BUY LIMIT ORDER
ASSETS : STOCK
SYMBOL : IBM
ORDER TYPE : (EP1) MARKET ORDER (1/2) position size (partial low lot entry)
(EP2) BUY LIMIT ORDER (2/2) (Now enter rest of position)
TF : Daily
ENTRY PRICE 1: $125.30
ENTRY PRICE 2: $122.30
STOP LOSS : $118.30 (70 PIPS)
TAKE PROFIT 1- $132.30 (70 PIPs)
TAKE PROFIT 2- $139.30 (140 PIPs)
TAKE PROFIT 3-$146.30 (210 PIPs)
STATUS : active