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Research In Motion ($RIMM) . Watch for bearish Tenkan sen – Kijun sen cross

RIMM is showing another great setup for the short.

1. A Tenkan sen – Kijun sen bearish cross may be forming.

2. Huge massive kumo resistance ahead at $22.06

3. The kumo resistance goes all the way to $26.42 .

In other words, unless RIMM have catalyst that can propel it above $26.42 by December, it remains a SHORT.

Note:
Vested.