Wednesday, September 29, 2010

New highs RIMM - Looking for 52 on a swing trade

With the SP futures off by 3 ponts at the open, this gave us a opportunity to-look for strength. RIMM was the most tradeable of all calls. $49.62 - 50 day ma target on RIMM short term. $52.00 target on a swing trade with this current NASDAQ meltup.

1 comment:

  1. You must have RIMM in your personal account (I believe @ 49). Is this why you keep pumping it up? Are you teaching people to hold a loser until you hope it comes back to your even?