Friday, April 29, 2011

RIMM Research In Motion Daily Chart H&S Gaps

RIMM drops big at the open, now filling the gap at 50. The pink H&S is in play and considering this target, as well as open gaps and horizontal resistance below, a target zone of 42.5-47.5 is in order. Price is beaten down further than the indicators want to see as shown by their positive divergence but a few days are required to let the dust clear. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here or any links connected to this information. Consult your financial advisor before making any investment decision.

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