RealNetworks Inc (RNWK) : Potential Breakout

Rob Glaser steps down as CEO of REALNetworks.

Having said that, here some interesting notes on REALNetworks. (RNWK).

  • half a billion dollars company with revenue in the range of US$500M to US$600M
  • business units includes music, games, media software + services, technology products + solutions

Key possible growth includes:

  • spinoff of its games unit (listing?)
  • more licensing on products front, possibly in Europe, and North Asia.

Chart Reading:

Nothing much happenign at the moment.

Currently, RNWK price is just sitting within the kumo after a gap up last month.

The price is consolidating and there seems to be some accumulation going on.

By iam802

Trend trading with Ichimoku