RIMM making another move

Again, RIMM is moving higher on its own as I posted last night.

 Here's XLK (Technology) this is the main industry group for RIMM, thus it is the second most influential entity, note it is flat. This wasn't a broad market move either, which would be the most powerful influence.

 RIMM however, like yesterday, is moving on its own. there's good volume too, although I'm not crazy about the parabolic look of the move, but this is more what short covering looks like.

 RIMM short term accumulation before each move, yes the market makers are stocking up as they see a big order coming.

 The 5 min chart shows accumulation on weakness, exactly what you would expect to see.

 The 15 min chart remains strongly positive leading.

 Now even the 30 min chart which never looked good, is starting to shape up.

 And the 60 min chart shows a huge positive relative divergence. Whatever has been causing these divergences has been going on for a while.

Finally, RIMM has retraced 62% of the gap down from the lows and on decent volume. As I said last night, it seems something is going on with RIMM.