Gemalto a faded Gem
Updated
Gemalto is a leader in the numeric security.
In the last years has fallen like a meteorite.
With mass adoption of cryptos it will be of incredible importance the security of our little bitcoins, bitsiblings and bitdata. They understood that and if Ledger (not the joker, the start up) make a partnership with Gemalto, Gemalto knows and have something to offer to this immense business. Moreover they are working on the future IoT and UBS changed his opinion on the share three weeks ago from neutral to buy.
Look at the charts. We are now oversold. If Gemmy is oversold have tendence to make decent bounces (end october 2014 to april 2015 + 20%). MACD support a possible reversal. The tiny double bottom (september 17 and now) further support a possible reversal. High volume in the lasts months speaks for a war between polar bears and ragings bulls. someone will win.
Good charts and good theories make a bounce more than possible.
That give us the possibility to make some profit and understand if Gemalto can play an important role in this new economy of crypto stuffs and fly high for very long.
BIO
In the last years has fallen like a meteorite.
With mass adoption of cryptos it will be of incredible importance the security of our little bitcoins, bitsiblings and bitdata. They understood that and if Ledger (not the joker, the start up) make a partnership with Gemalto, Gemalto knows and have something to offer to this immense business. Moreover they are working on the future IoT and UBS changed his opinion on the share three weeks ago from neutral to buy.
Look at the charts. We are now oversold. If Gemmy is oversold have tendence to make decent bounces (end october 2014 to april 2015 + 20%). MACD support a possible reversal. The tiny double bottom (september 17 and now) further support a possible reversal. High volume in the lasts months speaks for a war between polar bears and ragings bulls. someone will win.
Good charts and good theories make a bounce more than possible.
That give us the possibility to make some profit and understand if Gemalto can play an important role in this new economy of crypto stuffs and fly high for very long.
BIO
Note
KABOOOOOOM.
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