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Monday, August 15, 2011

Research In Motion Limited RIMM Stock Technical Analysis 8/15/11

The following is Research In Motion Limited (RIMM)  stock technical analysis for August 15, 2010 

Research In Motion Limited (RIMM)  pivot &  Support Levels - 08/15/2011
 
Resistance levels: $25.95, $25.41, $24.96


Pivot point: $24.44

Support levels:$24.01, $23.47, $23.04


 

Share of Research in Motion (RIMM) is tanked under $25 on Friday. Research in Motion will have resistance on the upside level at $30 &  $35.  I think stock is bu near $20 any weakness.RIMM is a strong buy low $20 now.The only reason I am long  RIMM can be pop up any takeover news .

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