NRIB (NR7) - Research In Motion Limited (USA) (Public, NASDAQ:RIMM)

I think the RIMM trade is self explanatory. If you're not familiar with the power of NR7, read this post from last week.


JPM breached the top of it's steep upwards channel on Friday. Today, it carved out a higher high with negative divergence of the RSI, so I put in a buy stop order on break of blue line. I'm keeping this on the focus list - looking for a correction back to lower channel line.