Google`s price action remains very technical as we can see from the chart. It has held its 61.8% Fibonacci level almost perfectly (red dot). The second technical signal that suggests the bullish price movement is the breaking of shorts (blue dot) and the very healthy retracement afterwards, which gave better entry for the bulls. With the second Fibonacci we have...
RIMM price has reached the the 50% short level after the bullish comeback. We anticipate a healthy covering of longs to 10.40$. After this level has been hit we can re-enter longs which target the 13.24/14.73 levels.
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