Today's Master the Trade setup is to be a buyer of Reasearch in Motion, symbol RIMM. This tech favorite has built a wedge formation into an area of resistance that it seems ready to trade above. There is a gap fill from September earnings that gets filled near $100, leaving the potential for much reward in this trade. Look to be a buyer above this recent resistance area that stands near $77.
For video analysis and a breakdown of the chart, please visit www.t3live.com