BUY! RESEARCH IN MOTION LTD (RIMM) Nasdaq

  Report No. 2232    Analysis by: Harry Aloof     JULY 16, 2007

RESEARCH IN MOTION LTD (RIMM-Nasdaq): Technical Viewpoint: From a low of $159.31 on Jun 27, 2007 prices rallied, reaching a high of $218.00 on Jul 6, 2007. A decline saw prices pull back, reaching a low of $206.31 on Jul 11, 2007. Another rally saw prices penetrate resistance, closing 7/13/07 at $227.52. Technicals: MACD Index (MACD): A Buy Alert! was given on Jul 2, 2007 when the solid line crossed the dotted line to the upside. Support: Remains at $216.00. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on Jul 29, 2007. A P&F upside reversal takes place at $222.00. Summary: Technical indicators have turned bullish. BUY! RESEARCH IN MOTION LTD (RIMM-Nasdaq) @ $228.25 Stop: Use a protective stop of $222.13. RESEARCH IN MOTION LTD is currently trading @ $227.52 plus $12.05 on Jul 13, 2007. Price Objective: $250.00. Risk/Reward: $6.12 VS. $21.75. Today's Risk Reward Ratio: 4:1

Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study

View full size chart
Price Objective:
$250.00 Risk/Reward:
$6.12 VS. $21.75 Risk/Reward Ratio:
4:1
5 Most Recent Reports
  Posted on: Jul 29, 2021  Tesla Inc (TSLA-Nasdaq)
  Posted on: Jul 11, 2021  Peabody Energy (BTU-NYSE)
  Posted on: Jul 8, 2021  NCR Corp (NCR-NYSE)
  Posted on: Jul 8, 2021  Modine Manufacturing (MOD-NYSE)
  Posted on: Jun 24, 2021  Live Person (LPSN-Nasdaq)

View All Archives

Trailer
Website Design and Development by Webelancer.com