Traders Cautious on RIM (RIMM) as Some Sell the Relative Strength

December 28, 2012 10:31 AM EST
Traders might want to heed a little caution on Research In Motion Limited (Nasdaq: RIMM) amid the move higher today.

According to market data, the overall money flow is about -2.55 with a tick up to tick down ratio around 0.8 times. The money flow is the value of composite uptick trades minus down-tick trades, currently at $10.34 (tick up) and $12.89 (tick down).

Shares are up over 2 percent on the session with heavy volume.

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