RIMM Bullish Reversal Chart
By Johns Wu on Aug 10, 2006
RIMM, Research In Motion Ltd., moved 8% today, forming a bullish runaway gap from yesterdays gapup over the stock trading range resistance.
I dunno what happened in the stock today to catalyze this tremendous move, but keep RIMM stock on your watchlist.
This entry was posted on Thursday, August 10th, 2006 at 4:55 pm and is filed under Annotated Analysis.
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3 Responses to “RIMM Bullish Reversal Chart”
By vic on August 23rd, 2006 at 10:04 am
Looking at a weekly chart, RIMM still seems to be stuck in a sideways trading range.
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long wide bars especially in a bearish market is likely to correct, be careful~~