Shares of iRobot Corporation (NASDAQ:IRBT) are falling after the company did not perform up to Wall Street's expectations. This fall is more like a major collapse with the stock down 30% on the day. On a technical basis, iRobot Corp broke the pivot lows from October and December 2017. This is extremely bearish for the stock as it means the next leg lower has started. Based on the technical weakness in the market and the pivot low break, I am looking for an ultimate major target of $44.00. With the stock currently near $60, it means there is likely quite of bit of downside to go, even another 30%+. However, if we are entering a bear market, that is not even a hard thing to achieve on most high flying tech stocks. I will be looking to accumulate at $44.00.

Read more: As iRobot Corp (IRBT) Collapses, Here Is The Ultimate Target (Yuck!)

Contactless payment instrument to be funded with value exchanged from cryptocurrency

MELBOURNE, Florida, February 8, 2018 – (Investorideas.com Newswire) Fit Pay, Inc., awholly owned subsidiary of NXT-ID, Inc. (NASDAQ: NXTD),today announced FlipTM, a new contactless payment device that will enable cryptocurrency holders to use the value of their currency to make purchases at millions of retail locations. The launch of the new device follows a December 2017 announcement by Fit Pay that it is expanding its platform to connect cryptocurrencies to the payment ecosystem. Leveraging the FitPay Payment PlatformTM, Flip will use value exchanged from cryptocurrency to make traditional payment transactions. The FitPay will begin taking pre-orders for Flip in February 2018 on a date to be announced.

Read this news in full at http://www.investorideas.com/CO/NXT/news/2018/02081Flip.asp

Read more: Breaking Payment News: NXT-ID (Nasdaq: $NXTD) Subsidiary Fit Pay Announces FlipTM @FlipToPay – a...

ATLANTA, GA - February 8, 2018 (Investorideas.com Newswire) Gopher Protocol Inc. (OTCQB: GOPH) ("Gopher"), a development-stage company which specializes in the creation of Internet of Things (IoT) and Artificial Intelligence enabled mobile technologies, incorporates UGopherServices Limited in England and Wales.

Read this news in full at http://www.investorideas.com/CO/GOPH/news/2018/02081GreatBritain.asp

With the incorporation of UGopherServices Limited, Gopher looks to expand its platform internationally. Since Gopher's acquisition of RWJ Marketing's assets and the incorporation of UGopherServices Corp. in the United States, Gopher has been approached by potential partners to provide services to international clientele. In order to maximize this international opportunity and shareholder value, Gopher established UGopherServices Limited, which was incorporated in England and Wales and will operate as a wholly owned subsidiary.

Read more: Gopher Protocol (OTCQB: $GOPH) Incorporates Subsidiary in Great Britain Commence Developing...

As you all know, most of the leading airline stocks have been coming under pressure recently. The leading airline stock in the industry group is Delta Air Lines Inc (NYSE:DAL). This stock topped out on January 16, 2018 at $60.79 a share. Since that high in the stock the shares have rolled over sharply. Today, DAL stock is trading lower by $1.48 to $52.37 a share. Traders now understand that the major market indexes are in correction mode, so it is prudent to look lower for major trade levels. The $48.50 area is a level that really stands out to me. This area was where the stock bottomed in November 2017. Often, when stocks retrace back to a major support level they will usually be defended by the institutional money. I will be looking to buy DAL stock around the 48.50 area. 

Read more: This Trade Level Is Where Delta Air Lines Can Take Off
Innovative device provisioning, profiling, and access product provides cutting-edge functionality to securely onboard, manage, and control all types of connected devices, including IoT and BYOD. 
 
London, UK. — February 8, 2018 — Aerohive Networks™ (NYSE: HIVE), a Cloud Networking leader, in a statement of direction, today announced Aerohive A3, the industry’s first hybrid cloud-access management solution, intended for release in early Q2 2018.
 
Aerohive A3 will provide a comprehensive portfolio of access-management functionality to enable onboarding and security for Internet of Things (IoT), BYOD and standard wired and wireless clients. The Aerohive A3 solution includes capabilities to deliver a complete, secure access solution, such as automated device provisioning, device profiling and network access control, self-service onboarding, and even guest access, all without the operational complexities associated with competing offerings. 
Read more: Aerohive® Enters Secure Access Management Market with Industry’s First Hybrid Cloud Authentication...