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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Jenna who wrote (119008)12/14/2000 10:54:33 AM
From: Jenna  Respond to of 120523
 
RIMM a continuing swing short:

2> RIMM Research in Motion 89 1/16
RIMM pulled back and might move up on an rally as well.  Earnings are coming out for RIMM on December 21 and that might give cause to some more movement to the upside .. RIMM will trigger long at 91 1/2. In case of any further gap up the next minor resistance level is at 93 1/2.  However, RIMM is not immune from the worries of the upcoming earnings quarter, RIMM will be a short if it fails to take out the high established in the 10:00 period and moves to lower lows.