Comments on: Support and Resistance Example, Research in Motion (RIMM)

By: Blain Reinkensmeyer

Blain Reinkensmeyer — Fri, 12 Sep 2008 13:02:47 +0000

If the market reverses back into the bears hands the only way it will go is down.

By: Everything You Ever Wanted to Know 9/12/08

Everything You Ever Wanted to Know 9/12/08 — Fri, 12 Sep 2008 04:14:57 +0000

[...] Support and resistance. Why don’t you know it already? [...]

By: RayJMan

RayJMan — Fri, 12 Sep 2008 01:30:25 +0000

sold my calls when the underlying was about $107 unfortunately
hard market, took profits, but i think RIMM has further to go

By: Blain Reinkensmeyer

Blain Reinkensmeyer — Thu, 11 Sep 2008 03:30:00 +0000

You are a believer in the rebound play huh Ray? If $100 holds the stock may definitely see a quick move to $110 – $115 ish.

By: RayJMan

RayJMan — Thu, 11 Sep 2008 00:01:11 +0000

nice technical chart, helps explain it a bit more
I think 100 is kind of a pschological level as well.
Disclaimer, I have some $105 front month calls that I’ve been picking up on the dips on RIMM to below $100.

By: rhinodude47

rhinodude47 — Wed, 10 Sep 2008 23:05:20 +0000

Great visual look, these charts help a lot even for an experienced investor

By: Matt

Matt — Wed, 10 Sep 2008 22:14:57 +0000

Another great chart, thanks Blain!