Working - Coming soon : Research Report.

Over the next few days/ weeks I will be working on my first research report that i will make publicly available. Please check back every now and then for the opportunity to download my very first research report.
Meanwhile....
In the short term I've been taking a look at Research in Motion for a swing trade opportunity. After applying some Technical analysis to RIM, I find some potential for small gains with the Canadian Tech company.

Here's a Look at the potential I see for a short term swing.

What I look for is areas of support and resistance, coupled with technical catalysts such as oversold regions or candle stick patterns. There is no guaranteed tell tale sign that a stock will rally to the extent which an investor or trader wants it to. One important thing missing from RIM is volume. It is important for trends or trend reversals to be confirmed by volume. Look for higher than normal volume at the tail end of a rally or price decline to confirm that a reversal is imminent.

It is also important to note that technical analysis is simply the study of investors sentiments regarding the supply and demand of an underlying security, while sometimes signs point to an imminent rally, the underlying security does not necessarily react like they "should". To quote Dr. Alexander Elder (Paraphrase)... Technical analysis is always correct unless it isn't.

Trade the right way, Pigs get slaughtered