Research In Motion ($RIMM) : Shipped is not equal sales

This post will not contain any chart reading. Rather, I am just going to raise one key point about RIMM. There’s an open letter that has been going round the Internet. In it, the letter shed some insights, missteps and frustrations from within RIMM. RIMM has a response to the open letter. RIMM’s statement is… Continue reading Research In Motion ($RIMM) : Shipped is not equal sales

Nokia (NOK): Thick kumo resistance and gap down

  Nokia fails to break through the thick kumo resistance despite rallying from a low of $7.80 On top of the resistance, the chart now shows another negative outlook for Nokia with the gap down yesterday. The gap down will mean immediate resistance is at around $8.80 to $9.00 Most likely, we will also see… Continue reading Nokia (NOK): Thick kumo resistance and gap down

Nokia (NOK) : Consolidation amidst bad news…

Despite bad news of Sony Ericsson (and now Samsung) ditching Symbian, Nokia share price isn’t going down much. From the chart, we can see some consoldation and range bound trading for NOK. Seems like this is a consolidation period with the market giving the new CEO some breather during his ‘honeymoon’ period. One of the… Continue reading Nokia (NOK) : Consolidation amidst bad news…