{"id":8314,"date":"2010-11-10T15:36:02","date_gmt":"2010-11-10T20:36:02","guid":{"rendered":"http:\/\/www.smbtraining.com\/blog\/?p=8314"},"modified":"2010-11-10T15:36:02","modified_gmt":"2010-11-10T20:36:02","slug":"smb-trade-of-the-day-rimm","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/smb-trade-of-the-day-rimm","title":{"rendered":"SMB Trade of the Day (RIMM)"},"content":{"rendered":"

Spencer was chirping to watch RIMM. \u00a0It traded in a range between 56.40 and 56.80 after showing some strength on the open. \u00a0I bought a pullback to 56.61. \u00a0Spencer remarked,”You just bought in the middle of the range.” \u00a0These words were innocuous on their face but he meant: WTF is wrong with you jackass. \u00a0Buy 41c or 81c or do nothing. \u00a0 I got stopped out.<\/p>\n

But then later RIMM found a new intraday high. \u00a0AC chirped out the new high. \u00a0I got long. \u00a0SIA got long and crushed it! Lil Mike got long. \u00a0I told someone to tell someone else to get long. \u00a0They did. \u00a0GMan got long. \u00a0Scuba got long. \u00a0 The guys not long were asking the guys long where to get long. \u00a0 SMB was long and strong.<\/p>\n

\"\"<\/a><\/p>\n

Spencer was thinking 60 as a target and soon then 63, but not today. \u00a0I was thinking cool, stay long until 60 or the intraday uptrend breaks. \u00a0Also I was thinking man that lunch isn’t sitting so well in my stomach<\/em>. \u00a0 Lil Mike was thinking WTH (why the heck b\/c he is a gentleman and doesn’t swear like Spencer \ud83d\ude42 ) am I not longer as he was a top our leaderboard. \u00a0I was thinking WTH is Lil Mike not longer even though he was a top our leaderboard. \u00a0As I post he is still long. \u00a0I am still long.<\/p>\n

So RIMM is on our radar. \u00a0Today is probably not the last opportunity for a move higher.<\/p>\n

Mike Bellafiore<\/p>\n

Author, One Good Trade <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Spencer was chirping to watch RIMM. \u00a0It traded in a range between 56.40 and 56.80 after showing some strength on the open. \u00a0I bought a pullback to 56.61. \u00a0Spencer remarked,”You just bought in the middle of the range.” \u00a0These words were innocuous on their face but he meant: WTF is wrong with you jackass. \u00a0Buy 41c or 81c or do … Read More<\/a><\/p>\n","protected":false},"author":144,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,10],"tags":[18,1193,653,1354,1349],"class_list":["post-8314","post","type-post","status-publish","format-standard","hentry","category-general-comments-2","category-mike-bellafiore-bellas-blogs","tag-smb-capital","tag-trader-education","tag-trader-training","tag-trading-coach","tag-trading-mentor","no-post-thumbnail"],"yoast_head":"\nSMB Trade of the Day (RIMM) | SMB Training<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.smbtraining.com\/blog\/smb-trade-of-the-day-rimm\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SMB Trade of the Day (RIMM) | SMB Training\" \/>\n<meta property=\"og:description\" content=\"Spencer was chirping to watch RIMM. \u00a0It traded in a range between 56.40 and 56.80 after showing some strength on the open. \u00a0I bought a pullback to 56.61. \u00a0Spencer remarked,”You just bought in the middle of the range.” \u00a0These words were innocuous on their face but he meant: WTF is wrong with you jackass. \u00a0Buy 41c or 81c or do ... 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