Thursday, September 27, 2012

Yesterday's RIMM Long Trade Idea Just Blew to the Upside

RIMM After Hours Earnings....


Changes in character are what lead to changes in trend and the 3C change in character in RIMM has been significant.

Yesterday RIMM was highlighted as a longer term long position. Tonight RIMM is up at least +19.75% after moving up over 2% today.


If you didn't look at RIMM after yesterday's post, take a look at the post as there are several concept like the base support being broken rather than what Technical Analysis has to say as well as the clear divergences that make RIMM look like an attractive long term position.

If you didn't take on any RIMM shares, don't fret, I'm sure with a base that large there will be lots of opportunities in RIMM as we move forward.



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