RIMM up +1% in a bad day
Wednesday, November 07, 2007
Shares of Research in motion were up Wednesday more than 1.52%, reaching also during the regular trading session a new 52 week high at $137.01 , but closing far from this level at $133.03. One of the reasons behind this movement, it was the upgrade price target from RBC that raised RIMM price target to $180 from $120. Stock have reached overbought conditions, so at these levels we should have some cautions. Keep an eye on RIMM Today !!!
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Labels: RIMM