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Thread: I Like RIMM Here

  1. #1

    Join Date
    Dec 2007
    Posts
    906

    Default I Like RIMM Here

    I bought some RIMM this week (48.30). I like the action, but I'd like to see it be able to hold the 50-day EMA for a few more days. My initial target is the 200-day EMA but I will stick with it until the new ascending trend breaks.

    -- Tom | My Trades


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  3. #2

    Join Date
    Dec 2007
    Posts
    906

    Default Re: I Like RIMM Here

    I had raised my stop once already and it just missed, by .09, getting hit this morning, and seems to be bouncing off the lows. I should probably add here, but I added on the prior dip so I have enough in this game.
    -- Tom | My Trades

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  5. #3

    Join Date
    Dec 2007
    Posts
    906

    Default Re: I Like RIMM Here

    Back to the top.

    Don't you just love those "fake out" moves prior to the big moves? It sure can be misleading to the small guys as they clean out the stops.

    -- Tom | My Trades

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  7. #4

    Join Date
    Dec 2007
    Posts
    906

    Default Re: I Like RIMM Here

    A nice little pullback to possible support after some news out of Dell affecting RIMM. Could be a nice place to jump in or add.

    I raised my stop to 49.25.

    -- Tom | My Trades

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  9. #5

    Join Date
    Dec 2007
    Posts
    906

    Default Re: I Like RIMM Here

    RIMM pulling back today after a downgrade to a hold by an analyst. Stop raised to 53.66.

    RIMM
    -- Tom | My Trades

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  11. #6

    Join Date
    Dec 2007
    Posts
    906

    Default Re: I Like RIMM Here

    Breakout from bull flag and now trading above the 200-day EMA...

    -- Tom | My Trades

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  13. #7

    Join Date
    Dec 2007
    Posts
    906

    Default Re: I Like RIMM Here

    Raising stop on RIMM to just under 55.00.

    -- Tom | My Trades

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  15. #8

    Join Date
    Dec 2007
    Posts
    906

    Default Re: I Like RIMM Here

    Another breakout for RIMM. 63 looks like the next resistance area. My stop remains just below 55, but should be rising next week.



    -- Tom | My Trades

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  17. #9

    Join Date
    Dec 2007
    Posts
    906

    Default Re: I Like RIMM Here

    Quote Originally Posted by etftalk View Post
    Another breakout for RIMM. 63 looks like the next resistance area. My stop remains just below 55, but should be rising next week.
    Raising stop to just above 57.
    -- Tom | My Trades


  18.  
  19. #10

    Join Date
    Dec 2007
    Posts
    906

    Default Re: I Like RIMM Here

    Raising stop on RIMM to just below 58. Will likely be able to move it higher by the end of the week, should the current stop hold.
    -- Tom | My Trades

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