Haptikos Analog

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?

immr

 

 

immrw

Advertisements

One Comment on “Haptikos Analog”

  1. Jeremy Farnswarn says:

    No it hasn’t. Technical analysis is bad and you should feel bad!


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s