trading IDEIA
Enviado: 14/2/2005 18:49RIMM Research in Motion Limited ($76.400):
The technical attributes are still 3 for 5 and RIMM has made a couple of higher bottoms. The most recent reversal up has set up the possibility of a spread quadruple top at 79. Okay to trade RIMM on that breakout with a stop/hedge point then at 73, a double bottom. Note also that the weekly momentum is positive and the price objective is 97
by Dorsey Wright & Associates
The technical attributes are still 3 for 5 and RIMM has made a couple of higher bottoms. The most recent reversal up has set up the possibility of a spread quadruple top at 79. Okay to trade RIMM on that breakout with a stop/hedge point then at 73, a double bottom. Note also that the weekly momentum is positive and the price objective is 97
by Dorsey Wright & Associates