IBM (IBM) shares of the blue-chip tech name are staying incredibly strong relative to the market recently and has formed a long bull flag the past month right along its 55 day EMA support near 245 and now triggering a bullish MACD cross with a green close the Monday and Tuesday back over 250. IBM has room to run up to 260 if can clear the 250 range and last week saw more bullish flow including 650 July $230 bull synthetics opening while the July $280 calls bought 1000x at $6.45 in opening buys.