IMMR, 3/19-5/9, 0% Break EvenOn 3/7/2024, Immersion (IMMR) reported earnings of $0.52 per share on revenue of $10.4 million for the first quarter ended December 2023. The consensus earnings estimate was $0.176 per share on revenue of $8.223 million.
IMMR trade ideas
IMMRBearish cypher. Accum/dist confirms. Down we go. Market makers are going to shake bears and bulls.
$IMMR - Ready ? NASDAQ:IMMR shows strong weekly momentum.
Looks like it is breaking an old fella trendline...
Good Luck ... .
$IMMR Falling Wedge Break $6 target$IMMR Falling wedge break. Should continue up to $6. Fewer rate hikes is bullish for lowcap stocks.
$IMMR Long Idea MetaverseLong term hold within a hot sector. I believe IMMR is going to have a huge role in the metaverse. This is a good opportunity to buy and hold long-term.
$IMMR - hold the IHS or make a double bottomI do not know which pattern exists here. Could be a double bottom, could be an IHS. Or could be "none of the aforementioned"
Watching and holding long.
$IMMR - waiting is the hardest partI love IMMR. I love gaming stocks.
I do not love waiting.
This is risky to assume the IHS is going to pull us up when we are spending so many days below the 50 SMA.
I am long the stock and want to see it climb so that I can sell calls on my core position.
IMMR longTook a position.
Nice 40% pullback from the highs back to the strong level and EMA 20.
Good sign: there was a volume spike at this level in January.
MACD and RSI indicators look healthy as well
$IMMRLovely cup and handle break out, Retested support and is setting up again in a Bull Pennant. Might see another dip buy opportunity at 11.20 ish... Target would be $18
$IMMR - to $12I love it, and its getting more attention from bigger names.
I played options already, and now I am back in for more.
Major resistance at $12
deadnsyde told me about this onenormally i dismiss pretty much anyone on youtube but i feel like new class of investors and social media savvy and financial market savvy generation has redistributed and disrupted the way retail investors can access insight and information and ideas about the stock market. i would have never looked at this company but according to the youtube and press releases, immersion recently won a lawsuit proving they own the patents to a lot of haptic touch products used in vast array of electronic devices. they are entitled to more royalties as a result and now have a massive money printer. All i know for sure is that the stock had a massive breakout on strong volume, completing a 15 months base, new 52 week high and target of previous ATH around $18. small cap stocks like this have higher volatility and higher risk and therefore HIGHER REWARD if correct.
strong breakout after building a basethis one has a potential upside target near $17 strong growth predictions and strong EPS forecasts with share buybacks signalling management confidence in their business model
Bull FlagOn the 1HR I see a Bull flag forming with strong support at $11.70 area. If we break that support I think we can see this drop further down to the $11 area before we see it head to impulse wave (3). Short term PT is $14.
Anderson from Colliers reiterated a buy ratingAnalyst Charles Anderson from Colliers reiterated a buy rating on the stock while increasing its price target from $13 to $15.
Anderson is bullish on the company's prospects related to Sony's PlayStation 5, which incorporates Immersion's haptics technology in the new DualSense wireless controller. One of the notable additions to the newest generation of the game console is the inclusion of adaptive triggers in the controller, which facilitate a new level of haptic feedback for players.
Anderson has been using the DualSense controller and called it a "breakthrough" for Immersion to score such a high-profile design win in a mass-market application. Demand for the PS5 has been off the charts, with units flying off digital shelves within minutes of retailers getting additional inventory after launching last month.
"Immersion collects a royalty from each controller and we expect more than one controller will ship per console over time to support multiplayer gaming and to replace worn-out controllers,"
"The DualSense controllers are already available at retail ahead of the PlayStation 5 console launch."
Anderson believes that Immersion will be able to expand into other markets with its haptics technology offerings, and that the company has finally created an "efficient and predictable operating model."
www.fool.com
The analyst also notes that Immersion's fundamentals are becoming more predictable with 80% of revenue coming from per unit royalties, double the amount from four years ago.
seekingalpha.com
IMMR - December 12, 2020IMMR levels to watch. Looking for a significant dip and strong push out of this consolidation wedge to break the downtrend resistance.
IMMR and my study on H&SImmersion Corporation creates, designs, develops, and licenses haptic technologies
Allow people to use their sense of touch when they engage with various digital products.
Looks like an inverse H&S ? It can take us to 9.30 as a start.
Why?
The Pattern is completed on a close above the neckline around 8.
The minimum objective is the vertical distance of 1.50$ from the head to the neckline projected upwards
from the breaking of the neckline from 8$ to about 9.5$
A return move will often occur back 2 the neckline as a support.
IMMR Short Idea This has replicated alot on gap downs look at the 10 year chart alot times after a gap down this went to 6.
Use the support level to take some off the table. This is my opinion based on the 10 year price history.
IMMR: Weekly chart shows two consecutive hammers. Broke out withVolume. Bullish. Also 18 year triangle just broke to the upside.
IMMR: Interesting Long term chart that shows alternating periodsof bear and bull trends. Last bear trend was weakening with a bear diagonal that ran out of steam. Broke out in a bull trend.
IMMR: Multiple Purchases of shares by owners in recent timesand a multi-year Double Bottom plus a change in TREND makes this a potential HUGE WINNER
Correlation Histogram Classificationdataunion.tistory.com
You can't wait for inspiration. You have to go after it with a club.
