$AAPL : Resistance of the gap and weekly kumo

$ AAPL rises from the lows of $390 till $500 on news that Ichan has acquired stakes in it. On the daily Ichimoku chart, it would have point to a great bullish move. However, with the announcement of the iPhone 5c and 5s, it seems that the market has price in the lack of innovation… Continue reading $AAPL : Resistance of the gap and weekly kumo

LinkedIn Corp ($LNKD): Move above Kijun sen (Trendline)

  LinkedIn (LNKD) has just IPO for about a month. Its price went as high as $120 on the first day of trading and fall all the way to the $60 range during the last one month. Today, LNKD has a gap up. With this gap up, the price level has move above the Kijun… Continue reading LinkedIn Corp ($LNKD): Move above Kijun sen (Trendline)

Research In Motion (RIMM) : A sign of weakness

Wall Street Journal just reported that RIMM is shopping for mobile ad network to add to its business core. If there’s one thing that is clear on this front, RIMM is losing ground for their mobile phone market share. Acquiring a mobile ad network will at most keep them ‘alive’ in the game and play… Continue reading Research In Motion (RIMM) : A sign of weakness