17-12-07 : Long on RIMM by Dhillon

Dhillon is bullish on RIMM at 95-103 range. Accumulation is done in that range.

We can enter a call tonite at around 105-106 range. Target = 120. cut @ 99. risk:reward = 1:2.3.

I am personally not bullish on RIMM, mainly due to hot wet blanket formed(MA20,50 on top of price). 5min shows a support at 105. and MACD is still above 0. Thus its not totally bearish.


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