RIMM had found the support exactly at the first target zone previously indicated in my earlier RIMM posts, and it bounced to an expected level and it is ready to decline again. As a matter of fact it shall gap down and/or serious sell-off to confirm the continuation of its down-trend.
1 comment:
hello Mr.Syed,
I noticed that RIMM is certainly holding its own during the downturn. Does your forecast still hold for it to go down?
Thanks so much.
Karim
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