IBM, will continue it's LEGACY OF GROWTH!

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IBM has recorded its 3 straight year of significant price growth since falling to 87.0 level on January 2020 - during the pandemic era. Since then, price has significantly recovered and fundamental growth has been as consistent as ever even in the pandemic years. Yearly Revenues has steadily increased with no miss.

Here's is the financial breakdown of the last 3 years.

IBM revenue for the quarter ending March 31, 2023 was 14.252B, a 0.39% increase year-over-year.
IBM revenue for the twelve months ending March 31, 2023 was 60.585B, a 3.81% increase year-over-year.
IBM annual revenue for 2022 was 60.53B, a 5.54% increase from 2021.
IBM annual revenue for 2021 was 57.35B, a 3.93% increase from 2020.

Last earning calls: Mar 2023 EPS beat by 9.73%

A closer look at the annual chart, we can see that the company's GROWTH trajectory will remain in place. Bubble up volume has appeared for three straight years already -- creating a higher low price base for a new series of long term growth. These metrics also indicates investor's confidence of the company growth prospect.

Net buy volume / accumulation has significantly risen this last few months indicating a positive long-term outlook for the stock.

It is currently ranging at an attractive 0.5 FIB level on our annual chart. A major order block support where most buyers converge. Before this ascend to 0.5 FIB, it overextended its correction to 0.786 FIB level and bounced off it with precision.

On histogram, it is now consolidating at the bottom wave shift conveying an attractive price base for position takers / investors in the long term. This indicates an ascend continuation both in technical and fundamental aspect. Last time it did a bottom wave shift was on January 1995 before hitting the 1000% increase overtime in its price valuation.

A revisit of its ATH is likely in the next couple of years -- with solid fundamentals and being the the Most Innovative and Prizewinning Tech Company, IBM's future is rosier than ever.


Financials
Quarterly financials
MAR 2023

(USD) Mar 2023 Y/Y
Revenue 14.25B 0.39%
Net income 927M 26.47%
Diluted EPS 1.01 24.69%
Net profit margin 6.5% 25.97%
Operating income 1.44B 46.26%
Net change in cash 1.55B 52.59%
Cash on hand - -
Cost of revenue 6.74B 1.75%

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Spotted at 133.0

TAYOR
Safeguard capital always.



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IBM has risen.
Giao dịch đang hoạt động
IBM about to break its last weekly resistance. This is moving according to long term plan - Ascend.

Spotted at 147.
Target is $200.

TAYOR.
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200 is inevitable plus more.
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Super strong IBM.
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This is gradually shifting to the upside.
Interim target set at 205.0

TAYOR.

ảnh chụp nhanh
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VERY STRONG BUY!

The current levels is a definite bargain.
Long term shift has been spotted.
Current price 170.
Interim target in the next 2 quarters 240.0

TAYOR.
ảnh chụp nhanh
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REITERATION: STRONG BUY!

This is eyeing 200 levels soon.

ảnh chụp nhanh
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From our spot from months ago -- we finally reached the 200 zone target.

Congrats holders.

ảnh chụp nhanh
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