Friday, April 29, 2011

RIM - Long-term Support


Research in Motion has dropped to the weekly support line today in light of revised downward guidance. RIM is unloved at this point, contrarians ears must have perked up today. Wait to see if the share price holds at current support levels, if it does watch for a rebound share price. This support level extends back to late 2006.

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home