tsippi100

IMMR and my study on H&S

NASDAQ:IMMR   Immersion Corporation
Immersion Corporation creates, designs, develops, and licenses haptic technologies
Allow people to use their sense of touch when they engage with various digital products.
Looks like an inverse H&S ? It can take us to 9.30 as a start.
Why?
The Pattern is completed on a close above the neckline around 8.
The minimum objective is the vertical distance of 1.50$ from the head to the neckline projected upwards
from the breaking of the neckline from 8$ to about 9.5$
A return move will often occur back 2 the neckline as a support.

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.