Haptikos AnalogPosted: November 12, 2013
The origin of the word haptics is the Greek haptikos, meaning able to grasp or perceive. Immersion Corporation (IMMR) is a developer of haptic technology more on that here. IMMR has completed a H&S Top with a neckline at 12.25. If you look back at 2008, we will find that IMMR completed a Double top pattern with almost the same neckline level. After breaking down IMMR continued to drop to $2.31 in March 2009. Will we have a similar cycle to the downside this time?