Research in Motion Ltd (RIMM) : RIMM continues its downward move

After its earnings, RIMM gap down and yesterday, it continue its downward move.

From the chart, RIMM reminds me of Nokia (NOK)

When Nokia miss its earnings, it gap down from $14 to $12 and steadily goes down to $8.

Having said that, if you look at the article from BusinessInsider on RIMM roadmap, do you see anything that excites you?

Personally, I do not find anything exciting for RIMM for the year ahead.

The only information that I am waiting is on their plans for the acquisition of QNX.

By iam802

Trend trading with Ichimoku