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Stock Pick of the Day - International Business Machines
Mar 12, 2010

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Larry Swing

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Stock Pick of the Day

International Business Machines)

Closing Price: $127.60

RSI: 52.06

MACD: 0.06

 

International Business Machines) raced to $127.60 to gain 1.6% in the Thursday’s session after it was rated as the most trusted IT company by a consumer survey. The stock is now ruling not far from from its 52 week high of $134.25.

International Business Machines (IBM) breached above its 50 day MA of $126.67, after earlier breaching above its 20 day MA two days back. The same confirms the initial signals of bullishness emerging in the stock.

 

 

...thanks for the trust you've shown in me and my business.

by Larry Swing
larry@mrswing.com
May the swing be with you...

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IBM
C:193.6400

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