April 30, 2012

RIMM Chart Analysis



  • RIMM Daily chart testing 100 Day SMA.
  • For a bigger up move price has to breakout above the cloud.
  • Immediate resistance level  is at 14.99.
  • Closing above the cloud may give 17.30 levels. Unable to close above 100 Day SMA should result in a fall towards 12.55 levels again.


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