Warren Buffett is out - This idea is adapted.
That was a mistake of the “Legend”, Warren Buffett, to sell parts of his former stake at the company. I secure the profit in this idea.
Newsflow:
International Business Machines Corporation IBM and Denmark-based transport and logistics conglomerate A.P. Moller – Maersk will create a joint venture using blockchain technology to make global trade more efficient, transparent and secure.
IBM and Maersk started cooperation in June 2016 in order to test new blockchain technologies. Since then, several large companies, such as DuPont, Dow Chemical, Tetra Pak, Port Houston, and government bodies including customs regulators in the U.S. and the Netherlands have already used the pilot platform from IBM and Maersk.
Currently, the numbers of IBM are also in the center! Here we go!
On January 18, 2018 IBM announced fourth-quarter and full-year 2017 earnings results.
The American International Business Machines Corporation (IBM), the world's largest provider of computer services, for the first time in 22 quarters increased its revenue in the fourth quarter of 2017. However, according to IBM 2017 fourth-quarter and full year results the the company had a net loss due to a one-time charge of $5.5 billion associated with the enactment of U.S. tax reform.
Fourth-quarter revenue increased by approximately 4% - from $21.7 billion to $22.5 billion. The last time IBM recorded revenue growth in annual terms in the first quarter of 2012.
IBM announces more than 30 percent revenue growth in the cloud segment in the last quarter. Last year, the Group converted 17 billion with the cloud, 5.5 billion of them in the last quarter of the year alone.
IBM’s stock price is about 162.37 US-Dollar a share.
Chart Tools:
Oscillator: The level of RSI is around 66 and was currently falling back from the overbought zone. The upward movement of the RSI showed a strong price increase. This correction was overdue.
Trend indicator: The MACD from IBM rose dramatically, remains positive, but here too, a short-term countermovement could be imminent.
The risk management tool used here is the own-developed “Traffic Signals System” (TSS) and it is implemented in my analyses.
The black line in the chart: the starting price of the idea is 151.82 US-Dollar.
The yellow line in the chart: indicates the achievement of the first target and thus the achievement of a possible turning point at about 162 US-Dollar.
The red line in the chart: the stop loss is 156 US-Dollar. Here is adapted. For the first time in this idea, the profit is hedged at 2.75 percent from the start of the idea.
The green line in the chart: here for me a further turning point in the idea = next goal at about 171 US-Dollar and this was reached on January 18, 2018.
CONCLUSION:
The joint venture will now allow IBM and Maersk to scale their solutions to a broader group of global corporations. Already today a lot of them have shown the interest in opportunities and are exploring the ways to use new platform, including: General Motors and Procter & Gamble.
The revenue’s growth in the cloud segments is also positive and could mean a bright future for IBM.
How is this journey going? With the adjustment of this position trading idea, the ideas is hedged with +2,75 percent considered from the start of this idea. In the short term take profit could therefore lead to lower prices.
Disclosure:
"The trading ideas published here are neither to be understood as a recommendation nor as an offer or an invitation to buy or sell financial instruments and should not be understood as such.
You must also assume that the author holds the recommended position in his portfolio and benefits from the implementation of his trading ideas.”
Newsflow:
International Business Machines Corporation IBM and Denmark-based transport and logistics conglomerate A.P. Moller – Maersk will create a joint venture using blockchain technology to make global trade more efficient, transparent and secure.
IBM and Maersk started cooperation in June 2016 in order to test new blockchain technologies. Since then, several large companies, such as DuPont, Dow Chemical, Tetra Pak, Port Houston, and government bodies including customs regulators in the U.S. and the Netherlands have already used the pilot platform from IBM and Maersk.
Currently, the numbers of IBM are also in the center! Here we go!
On January 18, 2018 IBM announced fourth-quarter and full-year 2017 earnings results.
The American International Business Machines Corporation (IBM), the world's largest provider of computer services, for the first time in 22 quarters increased its revenue in the fourth quarter of 2017. However, according to IBM 2017 fourth-quarter and full year results the the company had a net loss due to a one-time charge of $5.5 billion associated with the enactment of U.S. tax reform.
Fourth-quarter revenue increased by approximately 4% - from $21.7 billion to $22.5 billion. The last time IBM recorded revenue growth in annual terms in the first quarter of 2012.
IBM announces more than 30 percent revenue growth in the cloud segment in the last quarter. Last year, the Group converted 17 billion with the cloud, 5.5 billion of them in the last quarter of the year alone.
IBM’s stock price is about 162.37 US-Dollar a share.
Chart Tools:
Oscillator: The level of RSI is around 66 and was currently falling back from the overbought zone. The upward movement of the RSI showed a strong price increase. This correction was overdue.
Trend indicator: The MACD from IBM rose dramatically, remains positive, but here too, a short-term countermovement could be imminent.
The risk management tool used here is the own-developed “Traffic Signals System” (TSS) and it is implemented in my analyses.
The black line in the chart: the starting price of the idea is 151.82 US-Dollar.
The yellow line in the chart: indicates the achievement of the first target and thus the achievement of a possible turning point at about 162 US-Dollar.
The red line in the chart: the stop loss is 156 US-Dollar. Here is adapted. For the first time in this idea, the profit is hedged at 2.75 percent from the start of the idea.
The green line in the chart: here for me a further turning point in the idea = next goal at about 171 US-Dollar and this was reached on January 18, 2018.
CONCLUSION:
The joint venture will now allow IBM and Maersk to scale their solutions to a broader group of global corporations. Already today a lot of them have shown the interest in opportunities and are exploring the ways to use new platform, including: General Motors and Procter & Gamble.
The revenue’s growth in the cloud segments is also positive and could mean a bright future for IBM.
How is this journey going? With the adjustment of this position trading idea, the ideas is hedged with +2,75 percent considered from the start of this idea. In the short term take profit could therefore lead to lower prices.
Disclosure:
"The trading ideas published here are neither to be understood as a recommendation nor as an offer or an invitation to buy or sell financial instruments and should not be understood as such.
You must also assume that the author holds the recommended position in his portfolio and benefits from the implementation of his trading ideas.”
