RIMM is my cursed stock.. I almost always lose cash when I trade it. I woke up late this morning and attempted to call the top of the retracement figuring it would pop down again once it closed the gap... I even allowed a little extra room since RIMM likes to fake you out a lot. So I shorted at 131.78 figuring it would pull back to 130.75 before resuming its run... boy was I wrong so what does the future hold for RIMM ? Is it 100% up from here ?
Its allready close to its average daily vol. This am they bought the crap out of this stock. Lets see what happens @ 135(if it goes there). Let it show some weakness before you short it.
esteemed chartist..lol you have to be kidding me. Michael scott doesn't know his butt from a hole in the ground RIMM has surged ..I am right It trades at 165,...a whole 30 points higher! stock_trad3r
Welcome to the club. IMO RIMM is a better day trading stock than anything else. ICE, FWLT, MA also. cm