RIM (RIMM) Shares Break Below $19, Lowest Level Since 2004

November 2, 2011 10:53 AM EDT
RIM (Nasdaq: RIMM) shares have fallen about 1.6 percent over just the last 20 minutes of trade. The stock is currently trading at $18.68.

While we are not hearing any company-specific news, technicians may be jumping out of the stock as shares have pushed below a support level around $19. The stock has not been below $19 since 2004.


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