March 19, 2012

RIMM Chart Analysis

  • Rimm chart shows price trending down below 100 Day SMA and Ichimoku cloud.
  • First chart shows fibonacci levels as resistance. 
  • Breaking above 38.2% Fib level may lead to 100 Day SMA and the cloud. For a sustained up move price has to sustain above these tough resistance levels.
  • BANK OF AMERICA WEEKEND UPDATE

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