IBM...Holding up like a champ!
In the recent meltdown of the NDX, IBM has held up quite well. IBM has taken a longggg time to right its ship, but many signs point to success at last! The street reaction in recent days is telling...while tech was being annihilated, IBM stood its ground reasonably well.
One could expect the naysayers of recent years to be taking note and looking to add.
One could expect the naysayers of recent years to be taking note and looking to add.
Note
Worth noting how IBM has been behaving vs the semi's ETF (SMH). For the longest time, IBM underperformed. But of late, that trend has reversed!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.