IBM — 5 entries on this page, 1 of them a change of direction.
There are stocks that actually like look good short, not not long. Like IBM, this thing looks lower.
IBM looks horrible. Looks really bearish. Only issue with IBM is not whether it's higher or lower. I like it a lot lower. The only issue is where to place the stop. The entry we know is under Friday's low.
Stop can be placed right here for safety or for aggressiveness right there. If you want to maximize the reward to risk, you use the tight stop. If you want to make sure you don't get stopped out, well, there's no making sure you don't get stopped out.
But if you want to reduce the likelihood of getting stopped out, then you use the wider stop. But of course, that reduces your you what you can make. That's IBM.
Um, IBM's got a nice chart. Yeah, you know what? IBM does have a big gap above. I do think IBM looks pretty good. You could be long versus 229. It did trade well. It did trade well on Friday.
So, if you want to be in some IBM, okay, what's IBM doing this morning? Did money flow there this morning. Yeah, look at that. Up three in the gap. This gave you a reason to be in it.
Look at that gap. It's filling some of it. So, you know, if you're in if you're in uh IBM, you're you're actually in a good mood this morning.
Yeah, absolutely. Well, and I wanted to hit one final stock today. This is more of a legacy business that I find to be an interesting way to play the sovereign AI boom. And I wanted to talk about IBM, right?
I mean, this is not a new business. This is sort of a household name. And it's interesting.
Then I spent 20 on um, IBM, great legacy play with, uh, now a ton of exposure to, you know, enterprise solutions, hybrid cloud, especially quantum computing. I actually think it's like my favorite kind of reliable sleeper play on quantum computing.
If quantum computing takes off in the future like so many people think it will. Um IBM is going to be a very big beneficiary. So I'll definitely be collecting them. It's a very safe play already without it.
Now you add quantum computing adds even more to it. Got a great dividend, good valuation. Um so I like IBM and it's one of our newest additions to to the portfolio.
