RIMM has pulled back to its 21SMA on the DAILY and found support there today, which is also its recent breakout support area. Over the next few days I will be watching its move from two directions. If it breaks the 21SMA I believe it will head toward its 200SMA thus providing a downside trade. If, however, it finds support at the 21SMA then a gap fill potential (9/25/08) exists up to the 97 mark. I am a trader and will trade accordingly if given an opportunity.
By the way, I added your site to my blogroll.
May 12th, 2009 | 
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RIMM has pulled back to its 21SMA on the DAILY and found support there today, which is also its recent breakout support area. Over the next few days I will be watching its move from two directions. If it breaks the 21SMA I believe it will head toward its 200SMA thus providing a downside trade. If, however, it finds support at the 21SMA then a gap fill potential (9/25/08) exists up to the 97 mark. I am a trader and will trade accordingly if given an opportunity.
By the way, I added your site to my blogroll.
Penny Stock Picks…
Thanks for sharing this information. I will share about Forex Charts with my readers….
MK…
Nice ,keep up the good work ,waiting for the next update…..