( Yesterday close ) Chart courtesy of stockcharts

Shares of Research in motion are very active as usual. Stock has losing some ground in recent weeks after the highs in November. Presently, RIMM has found a significant support at $100 level, where Bears normally act to cover their positions quickly. So, if you’re looking for a share price to open a short position on stock, wait only for a close below $100 to confirm a possible down scenario. Stay tuned.

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 example.