Rim is another strange one, they beat consensus last night, but it looks like guidance disappointed, they may be taking play out of AAPL's book who ALWAYS guides low to ensure a beat.
Any way, here's what RIMM looks like this morning, not what I would expect to see.
Even the shortest 1 min chart hasn't confirmed the downside move.
Nor has the 2 min
The 5 min seems to be moving somewhat higher
And the 15 min is too early to tell.
I'll keep an eye on the shorter term charts for any changes, it's pretty rare a 15 min chart fails.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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