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My watch list was getting too long and unmanageable so I've cut back a bit. This is how I'm starting the month but I'm sure there will be changes as earnings come into play. RIMM is reporting on Thursday.
5 comments:
Jamie,
Perhaps TNH instead of TMH?
Thanks Jim, I've made the correction.
thank you... how much for the list ;)
Hi,
RIMM - good point, keen to hear the reports. I was trading this share almost two weeks on a daily basis, nice move and profit, I hope that the reports will toss it up , however not sure about the entry point - any suggestions ? My concern is a high RSI - hitting 70, previous experience with RIMM shows that it shall dive to 50.
thanx !!
Kogi.
Kogi,
I would wait for the earnings. However, any pullback could set up a trade intraday. Most of the momo stocks including RIMM are extended at this point, so it's not surprising to see some profit taking like this morning.
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