Tuesday, August 16, 2011

The RIMM Game Plan

Here it is from 8/15

RIMM has held inside the consolidation zone that 3C suggested it would move into.
And there's been some decent volume.

So far there's good 3C confirmation across almost all timeframes, save for 2, suggesting the possibility of a slight pullback, I would expect support to hold and look for RIMM to move above the $30.00 area and then some, at that point we'll watch for a short set up and when to take long profits. So far, so good.

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