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TFC Commodity Trading Forum

RIMM/ Clearing Next Resistance *PIC*

RIMM continues to defy the experts and after spending the last two weeks chopping sideways just below 12.45 price resistance has finally cleared this resistance level. Price must now hold above 12.45 to confirm the breakout and at least consolidated above it. Accomplishing that then the next resistance level is 14.75. Momentum on this latest move is weakening.