RIMM Trade

I mentioned RIMM about  week back, heres the current chart and the game plan.

Here's the important range in RIMM, with their new models rolling out they should get a little boost, but in won't be until their complete redesign before they really are any competitor for Google's Androind based phones and AAPL's I phone. I would keep an eye out for a break above the bottom resistance trendline at $25.60, especially on volume, you may want to ride a little swing trade as I think t will break the upper resistance at $30.25 and may move toward the gap around $34.50. It's in that area  would start looking for a short set up in RIMM to take it too new lows on the next leg down.