TomTom is struggling.
That is no secret.
The businessmodel of selling navigation-devices to the public is destroyed by Google Maps and by onboard navigation in new cars.
They tried wearables, but it did not work out so they abandoned it.
They work on automated driving software now, but that will not replace the cashcow for time to come.
Their most valuable...
On the monthly chart TomTom broke the trendline downwards, retouched it and is now on the way down.
Expecting some quick surges down on the next occasion.
Possibly TTM-news or the next drop in indices.
Expecting a decline in TomTom.
When trading this idea with an option-strategy we want to know when most likely to expect the start of the downturn because of expiry.
