As a follow-up to my post on Research In Motion from earlier today (http://steadytrader.wpengine.com/update-on-research-in-motion-rimm/), here is a multiyear chart of RIMM.  We are noting to subscribers the 2.5 year long trading channel and subsequent lower highs and lower lows.  Should RIMM be determined to remain in this channel and test the lower end of the channel, then $40 and below could well be in the cards.  

We will analyze this as price unfolds lower this morning.

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