Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
New articles
New article comments
Latest activity
Earn Money
Money apps
Passive Income
Paid Survey
Forex
Stock
Real estate
Paid to write
Social Media Earning
Review Website/Apps
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Retirement
Personal loan
Savings for Students
Debt help
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Make Money Online
Stock
Forex and stock news
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="SebsCubs, post: 131356, member: 41570"] [HEADING=1][B]What will happen?[/B][/HEADING] International Business Machines, a huge IT company, which provides integrated solutions and services worldwide, will announce its earnings results for the first quarter on July 20 at 00.00[B] MT[/B]. Let’s get ready! [HEADING=1]How to trade on earnings?[/HEADING] It’s really easy! Just compare the forecasted earnings with the actual and follow the rule below. [LIST] [*][B]If the results are better than expected, IBM will increase its value.[/B] [*][B]Otherwise, if earnings are worse than the forecasts, IBM will fall.[/B] [/LIST] The good news for FBS traders is that they can make both buy and sell trades while trading stocks –the rules are almost the same as for the currency pairs. So, you don’t need to already have an asset to sell it. [HEADING=1][B]What are fundamental factors?[/B][/HEADING] Not great, but with good potential! IBM has issues with its financial position as short-term assets cover neither short-term nor long-term liabilities. Also, IBM’s debt to equity ratio (260,7%) is considered high. Nevertheless, IBM is undervalued based on the cash flows the company is expected to generate in the future. [HEADING=1][B]How has IBM been doing? [/B][/HEADING] It was doing good! Global digitalization is increasing a positive trend for IBM’s earnings. This trend is expected to continue. The company primarily generates revenues from Cloud & Cognitive Software Segment. During the 2nd quarter of 2021 IBM has signed contracts with Verizon offering their Cloud services to run its 5G networks. Also, the company entered 30 new partnerships in the edge computing market segment, such as Intel, Lumen Technologies, NetApp, etc. These facts indicate a possible increase in IBM's financial performance during the 2nd quarter of 2021. [HEADING=1][B]Let’s look at the chart![/B][/HEADING] On the 4-hour chart, IBM located between 145$ and 137$ lines. 145$ trend line, also, is an interception point of 50 and 100-period moving averages, so it seems to be a very strong resistance level. If IBM would break this resistance the goal would be 152$. On the other hand, the move down to the 200-period and breaking through it could send IBM price down to 137$ and 132$ support lines. [IMG alt="IBMH4.png"]https://fbs.com/img/articles/31958/1626263493-cd238a1aaf963eae7ab64aa41bf3ade4_1200x1200_q90v3.png[/IMG] Reference: FBS (14.07.2021) IBM earning report July 20 [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Make Money Online
Stock
Forex and stock news
Top