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Saturday, June 18, 2011

Research In Motion Limited RIMM Stock Technical Analysis 6/18/11

The following is Research In Motion Limited (RIMM)  stock technical analysis for June 20, 2010 

Research In Motion Limited (RIMM)  pivot & Support Levels - 06/20/2011
Resistance levels: $32.78, $31.10, $29.42


Pivot point: $28.25

Support levels:$26.57, $25.40, $23.72


 

Share of Research in Motion (RIMM) is tanked under $28 on Friday bad earning news. Research in Motion will have resistance on the upside level at $30 &  $35.  I think stock will say this area or can go low $23-$24 next support.RIMM is a strong buy low $20 now.

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