IWM, MS, RIMM (08 Jan, 2009)

RIMM has had quite a good run, if this stock does not rebound today...watch out for a retracement to 45 or 42.



MS could retrace further if there is no major rebound, possible target is around 16 area.



IWM could retrace further if there is no major rebound to a possible target of 48.


As you can see, the trading range is getting tighter and tighter. Next week will be a major test of the overrall market to see if all those major resistance hold.

Im still in daytrading mode.