(I used the NASDAQ listed symbol) It doesn't look all that
bad. I don't know if fundamentally its where to be...I leave
that to someone else but it does have an upside gap it can fill and
if this is an Inverse H&S we could could to around $9.75 which
as the 200 day MA comes down they might end up coinciding.
Volume looks good and MACD could be recycling. I would like
to see that $7.46 low hold.
(I used the NASDAQ listed
anybody watching RIM.TO....nice chart
Posted by tom on 1st of Nov 2012 at 09:08 am
(I used the NASDAQ listed symbol) It doesn't look all that bad. I don't know if fundamentally its where to be...I leave that to someone else but it does have an upside gap it can fill and if this is an Inverse H&S we could could to around $9.75 which as the 200 day MA comes down they might end up coinciding. Volume looks good and MACD could be recycling. I would like to see that $7.46 low hold.
Chart Link