Research In Motion Limited (USA) [[RIMM]] is on fire, and I expect it to blaze higher.
Take a look at the inverse head and shoulders, Beautiful.
Joined Jan 27, 2008
7,406 Blog Posts
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RIMM to 130
I’m no expert, but aren’t inverse H&S useful only at a bottom? Or do you consider this a relative bottom…
IMO, we have a relative bottom.
Note: I’m loving AMZN, I need it to close above the 200 day.
does the relatively low volume on these “breakouts” bother you?
Nope!
Look at my baby go, (see twitter widget)
OFI add
OFI is the next CALM…. minus the eggs.
Position Update: CMED is destroying shorts!!
I wouldn’t call that an inverse head an shoulders. It’s been a nice rally but RIMM could easily break down, could call it a bear flag if it breaks support.
Gotta love the market, everyone has a different opinion and thats why the market moves.
CELG breakout
CMED closing at highs of the day, could be a great overnight hold!
I’m Long ans strong.
PCLN just got rapped!