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Tech

$NFLX . Bearish?

 

 

$NFLX was actually featured during Apple’s new iPad launch.

However, despite being featured prominently, the share price did not react positively.

While the general market has surge higher, NFLX is not going anywhere.

On the Ichimoku chart, NFLX is now showing:

1. A bearish cross from the Tenkan sen and Kijun sen

2. Sitting on a fairly thin kumo support

3. We can also see that the current price level is below the gap from Jan 26.

A drop below the kumo will allow us to have a target of $60 price range.

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Uncategorized

$AAPL . Impact of iPhone (vs $MSFT)

When the iPhone was launched, Microsoft’s CEO Steve Ballmer laugh at the price tag, ‘missing entreprise features’, and how it will not gain significant market share.

Here’s the YouTube video to show:

Fast forward to 2011 (and we are already in Q4 2011), let’s just take a look at how MSFT performed over the last few years (from 2007)

Categories
Tech

$RIMM . $20 is breached.

 

While Apple ($AAPL) is having their conference, $RIMM drop like a stone from its opening rally and breached the $20 mark.

Some key points from Apple’s conference:

1. 93% of Fortune 500 are testing or deploying iPhone (nail in the coffin for RIMM)

2. 3 out of 4 tablets sold in US are iPads

“Consumers don’t want tablets..they want iPads” – Tim Cooks

3. iMessages are pushed to all your devices – securely encrypted end-to-end

 

I believe the above 3 points are enough to show how much catch up RIMM has to do.