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Showing posts with label rimm stock analysis. Show all posts
Showing posts with label rimm stock analysis. Show all posts

Friday, December 18, 2009

Research In Motion RIMM Stock Analysis - Strong Earnings

The following is technical analysis on Research In Motion Ltd. (RIMM) stock for December 18, 2009.

Research In Motion Ltd. (RIMM) - Support and Resistance Levels - 12/18/09

Resistance Levels - $71.42, $71.60, $75, $82.72

Support Levels - $67.82, $65, $63.50


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Research In Motion Ltd. (RIMM) reported a powerful earnings report last night and upped guidance for the current quarter. RIMM is now trading over all three major moving averages and if the stock can remain above $69, the chance of another up move is large. The day after the last earnings report, RIMM tanked with the daily high being $71.42. The low was $68.47. A close over $71.42 would set up a move toward the $80's. A close below $67.82 would be bearish and I'd look for a retest of $65. Watch $71.42!

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Saturday, November 28, 2009

Research In Motion RIMM Stock Analysis

The following is technical analysis on Research In Motion Ltd. (RIMM) stock for November 30, 2009.

Research In Motion Ltd. (RIMM) - Support and Resistance Levels - 11/30/09

Resistance Levels - $61.49, $63.50, $65.16

Support Levels - $56.60, $54.30


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Research In Motion Ltd. (RIMM) continues the bearish downtrend which began the day after their last earnings report. For a trade, I plan to buy RIMM when it closes back over the 10 day moving average. Resistance is located at $61.49 & $65.16. I will buy more stock for my long term portfolio when RIMM closes back over $65.16. Support on the downside is located at $56.60 and $54.30. If RIMM falls below $54.30, you may want to think about going short for a trade. Earnings are due out 12/17/09. For More Technical Analysis - Go Here

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Saturday, October 17, 2009

RIMM Stock Technical Analysis - 10/19/09

The following is technical analysis on Research In Motion Ltd. (RIMM) stock for October 19, 2009.

Research In Motion Ltd. (RIMM) - Support and Resistance Levels - 10/19/09

Resistance Levels - $71.47, $75, $76.77

Support Levels - $65. $64.67


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Research in Motion Ltd. (RIMM) closed back below the 10 day moving average ahead on the AAPL earnings on Monday. Support is located at $65 as well as the 200 day moving average located at $64.67. A close below these two levels would be very bearish and i'd actually be a seller.

On the upside, $70 is now resistance as well as $71.47. As soon as RIMM closes above $71.47, I will get back into the stock. $71.26 was the high of the day right after RIMM reported the earnings disappointment. For More Technical Analysis - Go Here

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Friday, October 9, 2009

Research In Motion RIMM Stock Upgrade

October 9, 2009 - Shares of Research In Motion Ltd. (RIMM) are set to open pre market in the $69's this morning as RW Baird is out with a key Upgrade.

RW Baird thinks the recent selling has been overdone and views the weakness as a buying opportunity.

The firm reiterates their $84 Price Target on the stock.

What am I watching?

I have been watching a key level on Research In Motion Ltd. (RIMM) for a sign of a trend reversal. The day after RIMM reported earnings, the stock hit a high of $71.24 and then pulled back under the $70 support level. A close back over $71.24 would be very bullish. I am watching this closely.

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Friday, September 25, 2009

RIMM Stock Technical Analysis - 9/25/09

The following is technical analysis on Research In Motion Ltd. (RIMM) stock for September 25, 2009.

Research In Motion Ltd. (RIMM) - Support and Resistance Levels - 9/25/09

Resistance Levels - $71.47, $75, $76.77

Support Levels - $70, $65


Discuss Stocks - http://stockstobuy.org

Research in Motion Ltd. (RIMM) released earnings last night and reported worse then expected sales. The stock is now hovering right around the $70 support level. Keep an eye on $71.42 which was Friday's high of the day. When RIMM breaks up above this level, I will buy RIMM for a trade as it will signal a trend reversal. I would also be buying RIMM if it can trade back around $65 per share. On the upside, besides $71.42, RIMM will have resistance at $75 and the 50 day moving average located at $76.77.

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Tuesday, September 15, 2009

RIMM Stock Technical Analysis - 9/16/09

The following is technical analysis on Research In Motion Ltd. (RIMM) stock for September 16, 2009.

Research In Motion Ltd. (RIMM) - Support and Resistance Levels - 9/16/09

Resistance Levels - $83.45, $86.00, $95

Support Levels - $80, $78, $75.90



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Research In Motion Ltd. (RIMM) continues the powerful uptrend which started in March. RIMM recently broke above the August high of $80.59 and is now poised to retest the June high of $86.00. Pullbacks to $78 are now a strong buy going forward. If RIMM does close above $86, I don't see any major resistance until $95-$100. For more Technical Analysis - Go Here

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