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.
