IBM – Back Today on ATA Research Radar
ATA Continuation of…
28.02.2018 – IBM – Pecunia Non Olet…
with
ATA Following …
15.09.2018 – Financial Decade after Lehman Panic…
&
14.10.2019 – DJIA – TUBE – MEGAPHONE REVERSAL PATTERN DOMINATING…
IBM Present Master Motives
SECULAR NEGATIVE DIVERGENCE
DJIA – All Time High July 2019
Wall Street still Active Bull Market but with Risks
vs
IBM Bear Market Domination
Back to 1999 – 2000 Years Top Zone
All Time High 215.90 USD
vs
Present 133 – 135 USD Zone
on
GLOBAL FLAT MONEY ERROR SYSTEM MEGA RISK
GLOBAL EQUITIES & BONDS SELL OFF HIGH RISK
Germany Technical Recession
Global & CHINA – US – EU – UK Slowdown & Recession Risk
US – CHINA TRADE WAR vs HOPE
FED – New Easing Wave ” NOT QE4 ”
with
stricte IBM
Q3 Earnings Beat vs Revenue Misses
Sales from Business Transition continue to Slide
5-th Quarter of Falling Sales
Present P/E 13.86 vs Forward P/E 10.08
P/BV 6.74
Dividend Yield 4.45%
First…ATA from 28.02.2018
“on IBM Monthly Chart we can see Bears in Action… “
Second…Present IBM Situation
IBM SECULAR SITUATION
ATA MARKET MODEL IN LONG TERM ACTION
ATA MIND OVER MARKETS
Hope is Not a Strategy
Follow the Trendlines Not the Headlines
Failed Signal is the Strongest Signal
ATA MARKET MODEL
First…Market Motive…
Second…Market Technical Pattern…
First…Key Motives
above in this text…
Second…Market Technical Patterns
Yearly Chart Long Scale
First of All
After Activated
3 Bear Reversal Patterns :
2B Pattern – Key Level 211 – 215 USD Zone
2012 – 2013 Year
&
2 Yearly Doji Candlesticks 2012 & 2013
Now dominating
Long Term Bear Market
for Now under
Secular Bull Trendline – 170 USD
&
1999 – 2000 Top Zone – 138 – 135 USD
vs
Bull Contraction from 50% FIB RET Zone
110 – 113 USD
Last 2 Secular Rising Waves
First…from 1962 Low
Second…from 1993 Low
with
MACD Yearly Sell Signal
Quarterly Chart Aritmetic Scale
After Activated
Key Reversal Pattern
2B Pattern – Key Level 210 USD
Now dominating
Bull vs Bear Hard Fighting
in
Master Zone
1999 – 2000 Tops 138 – 135 USD
Secular Bull Trendline 135 -138 USD
after
Bull Contraction from 50% FIB RET Zone
110 – 113 USD
&
Inverted 2B Pattern – Key Level 117 USD
with
MACD Quarterly Sell Signal
Monthly Chart Aritmetic Scale
Now dominating
Bull vs Bear Hard Fighting
in
Master Zone
1999 – 2000 Tops 138 – 135 USD
Bull Trendline 132 – 133 USD
after
Bull Contraction from 50% FIB RET Zone
110 – 113 USD
&
Inverted 2B Pattern – Key Level 117 USD
with
Master Low 105.94 USD – December 2018
&
MACD Monthly Buy Signal
IBM Present Battlefield
130 vs 150 USD
ATA Investment Conclusion
Focus carefully on
Present Master Zone
Key Levels 130 – 150 USD
with
Strike out of this Range
that shows
Future IBM Stocks Direction
&
Research New Pattern
always remember
Market Trend always changed when Mainstream Media created
One Slogan ” No Chance for Change “…
that’s why
Charts show you Reversal Pattern First ex ante…!!!
N – TIMES
F/X Maximes
Risk strikes Fast…
Chart is More Important than 1000 Words…
Most Important is Final Smart Money Reaction….
First…EOM – October & EOQ -Q4 EOY – 2019
IBM Monthly Chart :
28.02.2018
IBM Yearly, Quarterly & Monthly Charts:
17.10.2019 – EOD
