$RIMM : Rally has failed. Price below kumo

RIMM counter rally has fail. It never make it to break out of the kumo resistance. With yesterday’s earnings, RIMM has gap down. And on the Ichimoku chart, we have a very strong confirmation of a bearish move. The price is below the kumo now confirming that the bear trend is back. We can also… Continue reading $RIMM : Rally has failed. Price below kumo

Palm Inc. (PALM) : Bullish Tekan sen – Kijun sen cross

Palm has a nice little rally last Friday; from 11.02 to around 12.50 The end of day chart shows a bullish Tenkan sen – Kijun sen cross just below the kumo. This suggest that there may be resistance ahead (possibly at $12.60). At the same time, this rally brings back memories of PALM at 1… Continue reading Palm Inc. (PALM) : Bullish Tekan sen – Kijun sen cross

PALM Pre to Launch in Europe with O2 and Moviestar

Just got this in my email (Palm’s newsletter) Palm webOS Phone to Arrive in UK, Ireland, Germany and Spain on Local Telefónica Networks. WINDSOR, England, Jul 07, 2009 (BUSINESS WIRE) — Palm, Inc. (Nasdaq:PALM) today announced that the Palm(R) Pre(TM) phone is scheduled to be available initially in the UK, Ireland and Germany exclusively on… Continue reading PALM Pre to Launch in Europe with O2 and Moviestar