Friday, April 29, 2011

RIMM Research In Motion Weekly Chart Downward Channel Gaps

RIMM weekly chart show the long term down trend channel with lower lows and lower highs. 42.5 satisfies the lower rail of the channel and would fill the gap from early 2009. The red sideways symmetrical triangle is trying to help support price right now as it sits on the lower red trend line. 42 to 50 target zone moving forward the next weeks and months. 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 finanical advisor before making any investment decision.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.