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TMCNet:  Research In Motion Shares Up 12.5% Since SmarTrend's Buy Recommendation (RIMM)

[November 19, 2012]

Research In Motion Shares Up 12.5% Since SmarTrend's Buy Recommendation (RIMM)

Nov 19, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Research In Motion (NASDAQ:RIMM) on October 2nd, 2012 at $8.14. In approximately 2 months, Research In Motion has returned 12.48% as of today's recent price of $9.15.

Research In Motion share prices have moved between a 52-week high of $45.91 and a 52-week low of $6.22 and are now trading 47% above that low price at $9.15 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.3% while the 200-day MA has slid 1.2%.

Research In Motion Limited (RIM) designs, manufactures, and markets wireless solutions for the worldwide mobile communications market. The Company provides platforms and solutions for access to email, phone, SMS messaging, Internet, and Intranet-based applications.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Research In Motion shares.Log in and add Research In Motion (RIMM) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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