AlexTaylor
Long

Long on RIMM to test $9 resistance

348 2 0
RIMM looks like it could be starting into an upwards channel. The SMA50 is turning up, and a harami-style candlestick pattern suggests another upward move may be on the way.

Additionally, the stock appears to be establishing support at a previous resistance of 8.36. Possible new resistance at the 9-dollar area, but I'm going long on the stock while it tests that resistance.
AlexTaylor
4 years ago
Looks like it broke through that previous 9.00 resistance. Monday will be the next test; is this going to break out?
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admin PRO
4 years ago
Bullseye!
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