IBM’s shares lead Dow Jones upwards while Iran announces his desire for de -escalated

  • IBM shares reach a new historical maximum above $ 284.
  • US actions benefit from Iran points out that it is ready for a high fire.
  • Oil prices fall more than 3% on Monday due to a possible end of hostilities between Israel and Iran.
  • IBM continues to benefit from its planned Quantum Starling project.

International Business Machines (IBM) led the Dow Jones Industrial Average (Djia) At the beginning of the negotiation on Monday, reaching a new historical maximum above $ 284. Then, the news agencies were activated with headlines that said that Iran has sent signals to the Gulf Arab states to work in an agreement that ends the hostilities that Israel launched last Thursday. Iran is informing the intermediaries that will restart nuclear negotiations with the United States if the latter does not help Israel in their offensive war.

The Dow Jones rises 0.9% in the late morning session, while the S&P 500 and Nasdaq advance both more than 1%.

This has helped US actions shoot, and now several Dow actions have overcome the early leadership of IBM. These include Goldman Sachs (GS), JPMorgan (JPM), NVIDIA (NVDA) and American Express (AXP)that have advanced more than 2% at the time of writing. WTI oil has fallen 3.5%, and gold is down almost 1% as the feeling of risk takes over the market.

In addition, the European Union has indicated that it is interested in accepting the 10% of the United States on its products and could also facilitate the sale of vehicles made in the US in Europe.

News about IBM actions

IBM actions are still promoted by the company’s announcement on June 10 that it would begin to build what it called “the first large -scale quantum computer and tolerant of world failures.” The company already operates an international fleet of quantum computers, but said that the planned IBM Quantum Starling installation in Poughkeepsie, New York, can perform 20,000 times more operations than existing quantum computers.

This news has helped IBM actions Receive Attention of the hot sub-director of quantum computing, which has been recovering strongly this year. D-Wave Quantum (QBTS) and Rigetti Computing (RGTI) They have raised recently after raising substantial funds from new actions of shares. Ionq (Ionq) It has also had a rebound after acquiring Oxford Ionics for 1.08 billion dollars.

IBM actions forecast

IBM shares have risen to a new historical maximum of 284.50 $ on Monday after having sold both on Thursday and Friday. With the conflict between Israel and they will seem to be relieved this week, there is room for more profits.

However, the relative force index (RSI) has already reached overcompra territory in 71, although this is better than the reading of 74 last Wednesday. The better Bet is that the price of shares rises, but with a reduced impulse from here.

Any setback should find security in previous resistance between $ 265 and $ 270. Below that there is a long -term support around the $ 140 zone. The simple 50 -day (SMA) mobile average is about $ 252, and the 200 -day SMA is rising about $ 235.

DAILY GRAPH OF IBM Shares

DAILY GRAPH OF THE IBM ACTIONS

Source: Fx Street

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