Showing posts with label NYSE:IBM. Show all posts
Showing posts with label NYSE:IBM. Show all posts

Saturday, April 04, 2009

Big Blue due


Two elder statesmen of computing technology are lead performers of the Dow Jones Industrial Index in 2009. International Business Machines (NYSE:IBM) and Intel (NASDAQ:INTC) show the most aggressive price momentum going into Q2. IBM has outperformed the S&P 500 by 29% in the past 13-weeks, as it closed above $100 for the first time since early October. Look for this favourite tech blue chip to continue its move through to $110, as the price momentum is sustained.


Tuesday, January 27, 2009

IBM

International Business Machines (NYSE:IBM) opened above $91.60 and hit a high of $91.95 this morning before dropping to $90.50. Will be watching to see if the stock can regain the morning losses. IBM is categorized as Stock Trends Weak Bearish and has a chance at a triple digit share price on tech strength. Looking for $95+ before entry.