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20.0% Return Seen to Date on SmarTrend Research In Motion Call (RIMM)May 23, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Research In Motion (NASDAQ:RIMM) on March 1st, 2012 at $13.67. In approximately 3 months, Research In Motion has returned 20.04% as of today's recent price of $10.93. Research In Motion share prices have moved between a 52-week high of $45.91 and the current low of $10.81 and are currently at $10.93 per share. Over the last five market days, the 200-day moving average (MA) has gone down 1.1% while the 50-day MA has declined 1%. Research In Motion Limited (RIM) designs, manufactures, and markets wireless solutions for the worldwide mobile communications market. The Company provides platforms and solutions for access to email, phone, SMS messaging, Internet, and Intranet-based applications. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Research In Motion. Log in and add Research In Motion (RIMM) to your watchlist today so you can receive a real-time alert when the shares are about to change trend. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup |
