Discussion in 'Stocks' started by heilbronner1, Jan 7, 2008.
This is still my target:$ 80.
i thnik it gets there. at least 85.
I see RIMM dropping to those levels as well, stock is a bit overvalued.
Also looking at tech plays,
IF AAPL doesnt present anything great at the CES I think shares could easily fall to 150 again.
Long RIMM 101.54
Looking to get in around $95 - $96.
If not today....should be there by tomorrow.
Looking at BRCD too.
Any partcular reason? The chart looks awful.
I don't know if awful is the right word. CFC looks awful. RIMM looks like it's in the middle of a bull run. (Weekly, of course).
97 is a very likely looking entry for a pop.
Charts never look awful IMO
Only my Mother-in-law.
Maybe the action today is general tech malaise + an overreaction to the huge gap on the 21st. This stock is above average in terms of specialist and insider manipulation but there's no fundamental problem except a possible recession.
Daily chart from early November to yesterday looks like a consolidation that's broken out on the downside, but hey - TA is so unreliable these days; so many things morph into something contrary.
Great stock if you have a feel for it. Turns on a dime. 97 has to be a good gamble if the Nasdaq's OK.
Just MO. Good trading.
$ 80 here we go.
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