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International Business Machines Corporation Message Board

  • rpsgmed rpsgmed Jan 18, 2013 10:53 AM Flag

    Going the right way

    Chart looks good. Strong buy at stoxline website with the 229.45 target price in six months.

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    • Agreed.

      I've been checking to make sure the chart wasn't deceiving me, but the MFI/RSI is good on the up, the bottoms and tops are on an upward trend, we're now resting just $2 above the 50 day SMA with a flat 200 EMA to shoot through as well and the cyclic curve indicates upwards.

      If the CEO was good on her word concerning contracts, the revenue is going to be inbound to firm up resolve of investors. Infact, the upward trend indicates some of these investors know this already. I'm thinking close $197 Tuesday and 2.5% jump on a strong 4th quarter.

      Sentiment: Hold

    • I agree. Housing market certainly one barometer that economy is on the upswing. Now if knotheads in Washington would get their #$%$ together, IBM will take care of business like they have for a 100 years. You don't stick around that long without knowing what you're doing and generating a lot of cash. 229 and beyond.

 
IBM
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