Research In Motion is getting attention on StockTwits as many technicians are seeing breakouts. On June 19th RIMM was trading at 72.78 when I posted this, “a break below 70.87 may encourage more selling, but trading above the upper Bolllinger in a rising trend calls for buying the dip.” Looks like things have played out…
StockTwits chatter remains focused on Research in Motion, which fell 4.92% to close at 72.78. A break below 70.87 may encourage more selling, but trading above the upper Bolllinger in a rising trend calls for buying the dip. After doubling since March, more consolidation may be necessary, but if the broad market doesn’t weaken, RIMM…
I’ve been skeptical about RIMM’s prospects for as long as I can remember, and today demonstrated why I’m unwilling to hold stocks like this overnight. There might be a bounce in the works, but with this market being whipped about by coked out traders and depressed investors, I’m not really interested in participating. The psychology…
Stocks buzzing on StockTwits.com The high volume suggests accumulation, so I like small long positions and extreme caution. Stockcharts.com isn’t showing me any volume, but the trend looks good for the bulls. These 3x’s are a disciplined day traders dream, and an investors nightmare. N00bs beware. I’ve felt RIMM was a dog for quite some…
RIMM will take months to repair, and I have no love for their products. Google barely budged today, and as much as I love the company, the stock is shit. People who won the C game bailed early, but it might push to 7.60 before collapsing in half. Another terrible tech stock. Macs are lame,…