RIMM failed to move up
Sunday, November 11, 2007
Chart courtesy of stockcharts

Research Motion shares fell on Friday 9%. RIMM had a recent breakout that quickly reversed. While the breakout looks to have failed for now, it is still trading near all time highs and is in a decent sector. So, pay attention for a possible reaction near $105 support level. Resistance is now at $105.70 and support at $120.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

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posted by Pro Investor Trader at 2:38 PM | Permalink


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