RIMM Update

This is the post that shows my longer term expectations for RIMM

This is the post that deals with the current expectations for a RIMM pullback

Even with the downside right now, I don't think the bigger picture for RIMM has changed.

 This is the day trading range that is so pivotal to RMMS longer or intermediate term outlook and the head fakes caused by movements through this range.

 The daily 3C chart still suggests that RIMM will head higher after this move down is complete. The target in unknown, but I'm guessing it hits at least the mid-to high $30's before RMM becomes a long term short.

 As you can see, and as noted n the post above, we were expecting RIMM to pullback, I put several targets in the post linked above.

There's a slight 1 min positive divergence in RIMM now, but this has ZERO to do with the longer term expectations for RIMM.