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Trade Idea - Research in Motion

MensagemEnviado: 23/11/2008 13:51
por AC Investor Blog
RIMM continues to channel down since September and only a move past $46.73 would impart a positive trend. Resistance is at $46.73 ( 20-day moving average ), followed by $48.65. The support is at $41.31. Some indicators are improving but it needs to breakout above the $48.65 resistance to confirm the change in trend.