RIMM Update

RIMM is doing exactly what has been expected for weeks now, here's one of the last updates that puts the RIMM expectations in a nutshell. This is an update from 8/24 that shows the big picture and even calls for a pullback which we saw the next day.

 RMM daily range, note the positive divergence on the head fake below the range in the yellow box- this is how predictable technical traders are and how predictable t makes Wall Street's response.

 We are now exactly where 3C has said RIMM would be for weeks now, I expect there to ultimately be more upside, see the link above for the full outlook.

 10 min chart in confirmation of the trend.

 So is the 5 min chart.

The 1 min chart even caught the gap up that pulled back and then look at the accumulation.

I think the RIMM trade is an example of 3C's predictive power as RIMM has done exactly what we have expected for weeks now!