Research In Motion, Ltd (RIMM): Next stop $50


RIMM has dipped below the support line of $54.80 formed by the Chikou Span.

The next support line is at $50.11

At this moment, it has little momentum trying to go above the support-turn-resistance line.

For RIMM to reverse, it need to start going above this line.


1. Gut feel, volume today will be higher than average.

2. Vested. Bearish view.

3. RIMM Playbook will be going on sale, Apr 19.

By iam802

Trend trading with Ichimoku