Tag Archives: IBM
IBM
The next set of resting sell stops are 190.40, however I doubt you’ll see much more damage below this today. 184 is the best risk/reward level on a monthly chart to initiate new longs. If this is going to hold, … Continue reading
IBM
197-198 will be a pivotal level. Watch for general market tone after the opening.
IBM
As long as IBM holds above 201.20 we’re looking for this to minimally trade 206.70. Closing above 207 will lead to a new high. This means 201.20 is your sell stop for any new Longs.
IBM_-_Intl_Business_Machines_Daily.gif
Watch for market tone the rest of the day… This will lead any sell off today.
IBM_-_Intl_Business_Machines_Daily.gif…Yen Comments
Stops are under 198.68. Major support the first time down is 196.65-85 Yen…108.10 Futures is resistance and the upside pivot (App 92.40-60 USD/JPY)
Spu…Price Action
As long as the Spu remains above 1508 there is nothing for the Bulls to worry about. Under 1508 the shorts will try again. IBM…201.29 …then expect a test of 202.20-50 AAPL…This is the same technical picture as IBM…look for … Continue reading
IBM_-_Intl_Business_Machines_Daily.gif
This is the one to watch for the next move in the Indices. It either holds in here or it’s going to 197-196 ( into the 200 day) where you can buy with reasonable risk controls
A.M. Look 1/22/13
Oil…Feb. expires today. March is the Month you should be following. Natgas…Feb. expires next Tuesday. 3.71-3.76 is resistance in either month. Soybeans…closing and maintaining over 14.60 will lead to a test of just over 15. USD/JPY…we were looking for 90+ … Continue reading
A.M. Look 1/14/13
Euro…is doing a 2 year swing. We expect to see 135. EUR/JPY…resistance is 120.60 AUD/JPY…. As long is it remains higher on the year, this cross remains an attractive buy on any descent pullback. Oil…as long as Oil remains above … Continue reading
Big Cap Multi-Nationals
are running the show.. IBM…needs below 191 to wash out longs JPM..42.50 for weak longs…below 41 for the longer term players CAT…88 is first support, with 91 resistance the first time up. OXY…looks descent against 75.40 DIG & XLE…the upside … Continue reading