RIMM pulling back after gap-up
Research in Motion
(
RIMM |
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PowerRating) gapped up
and is now pulling back slightly from its highs. The Canadian government is
supporting RIMM’s efforts to persuade a U.S. court to review a case in which it
found that the Blackberry e-mail pager infringed on another company’s patent.
On the daily chart, RIMM is trading in a flag pattern.