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Avoid Research In Motion

Research In Motion (RIMM), the maker of the BlackBerry, is on the downside. After completing its third peak, RIMM headed to the downside. The stock has suffered because of a patent suit against the company. Do not buy this volatile stock while it is on the downside.

The steep upside was followed by a double top and then the the current downside. Often a very steep upside is not sustainable.



 

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