Long Position on IMMR @ $13.00 on 7/25/2024 (Fundamentals)

Immersion Corporation (IMMR), together with its subsidiaries, engages in the creation, design, development, and licensing of haptic technologies that allow people to use their sense of touch to engage with and experience various digital products in North America, Europe, and Asia.

BULLISH CUP AND HANDLEThe company provides technology, patent, and combined licenses.

It serves markets, including mobility, gaming, automotive, virtual and augmented reality, and wearables, as well as residential, commercial, and industrial Internet of Things.

The company was incorporated in 1993 and is headquartered in Aventura, Florida.

Entry Point: $13.00

Trading Range: $5.94 - $13.59

Stop Loss: $12.35

Target Price: $14.30

 

Position closed on 8/6/2024 at price of $12.35 with a -5.00% loss in 12 days.

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