I'm new to this forum and your RIMM trade. So you were long RIMM and now expecting the 165+ target?
I am not a day trader normally, but a position trader, therefore the following might help explain the trade.
I suggest you go to
SWINGWAVES board and read the full thread there.
This thread has some partial follow-up post, but not all, another is down below. To sum up the trade I took a position, one half of what I wonted if things went my way. When they did I added the other half, giving me a low average price. The price targets were as quoted --"148 -150 unless break out/up", ......when it broke up and appeared to stall, I sold half. IMO we might see 165/180ish is a statement for the other half. Should it move past the next target and the indication of 165 plus become likely, then I will increase my position again.
If you have further questions feel free to ask.
mss
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