TMCNet:  Uptrend Call Working As Research In Motion Stock Rises 41.9% (RIMM)

[December 03, 2012]

Uptrend Call Working As Research In Motion Stock Rises 41.9% (RIMM)

Dec 03, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Research In Motion (NASDAQ:RIMM) on October 2nd, 2012 at $8.14. In approximately 2 months, Research In Motion has returned 41.86% as of today's recent price of $11.54.


Over the past year, Research In Motion has traded in a range of $6.22 to $45.91 and is now at $11.54, 86% above that low. The 200-day and 50-day moving averages have moved 0.47% lower and 2.20% higher over the past week, respectively.

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 shifts in the trajectory of Research In Motion shares.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 cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- 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

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