Showing posts with label NUAN. Show all posts
Showing posts with label NUAN. Show all posts

December 22, 2010

NUAN Sold Long position at $18.30, didn't like the descending triangle

After some volatile days, I didn't like the look of the descending triangle developing in NUAN, so closed out this position flat. Can always get back in if it takes off again. It looked like it was tracking nicely between the channel marked in red, but the last 10 days had five red candles, and MACD and RSI both showing down trends.



December 9, 2010

NUAN Opening Long Position at $18.34

Nuance Communications is a market leader in voice recognition, including the DragonDictate product. I think the company is a potential acquistion candidate for Google, HP, RIM or Samsung.

Many cellphones have had voice recognition for dialing and other simple tasks for years, but it never became the must have feature on a phone.

As smartphones change the user experience by providing a much more relevant and useful experience, being able to control web search and applications on a smartphone by voice will become a much bigger part of the mobile computing experience.

FIDSX 5.2% in 31 days