Message #1641 From:
TheMachine Date: August 31, 2009 05:58:23 PM
I did not need haptics to feel todays trading
Man today was not a good day for IMMR. What is most puzzling to me is I got an email which looks like it was sent from IMMR that should never have come from IMMR. It is a traders opinion, not NEWS!
This is what I got:
Immersion (IMMR) Bearish Technical Alert - Trend Down 3.3%
Aug 31, 2009 (SmarTrend(R) Spotlight via COMTEX News Network) -- Immersion (NASDAQ:IMMR) is trading 9.5% lower (down $0.40 to $3.81) today on volume of 212,596 shares. The stock has traded within a 52-week range of $2.31 and $7.49.
Immersion is currently below its 50-day moving average of $4.21 and below its 200-day moving average of $4.16.
SmarTrend is bearish on shares of IMMR and our subscribers received a Downtrend alert on July 01, 2009 at $3.94, which has returned 3.3% to date.
SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.TradeTheTrend.com.
Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.TradeTheTrend.com/signup.html
