International Business Machines Corp (NYSE:IBM) Could Test its 50 day M.A.
November 13, 2009 10:30 AM
International Business Machines Corp (NYSE: IBM) is trading at $126 today, but chart analysis and broader market opinion can make the case that these stocks, in this price scenario, can easily go as low as their 50 day M.A. ($121 for IBM)
IBM is a good stock to consider in a bull market, its price is high enough to allow both single stock futures and Options ideas, in fact it’s a good idea to hold Puts throughout periods of expected corrections like this week and throughout the next.


























