By: Scott Redler
Research in Motion has an August 3rd new product launch. Stocks tend to like to run into those type events. This stock is a laggard and acts very sluggish, but I do get a nice trade here a few times a year.
Yesterday stock acted very well with the market soft. We have a nice flag pattern
If stock can trade above 56-56.25 on big volume, I think we get a big trade to 58-59 to fill the gap short term.
