Saturday, January 7th, 2017

RIMM Trade

RIMM has been battered down by short sellers and it went down to 55 and swiftly bounced and is now coming up nicely in a channel. It had few hurdles along the way closing above 60 and still has to get over 200 day moving average at 65. That is a key area where short sellers live and thrive. So knowing and keeping that in mind to take defensive actions here is the RIMM trade [Content protected for Gold members only]

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