Algokid

LONG - Reserach in Motion (RIMM)

Long
NASDAQ:RIMM   None
Taking a long position in RIMM for the following reason

- Up two month in row
- Positive volume
- Resistance has been tested
- New product line coming Jan. 2013 ( although it would be better if it came out for the holiday season)

I have a target around 14.22. with a tight stop loss at 7.13. Will monitor the trade on a monthly basis , unless stopped.

AlgoKid

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