Update: Cover Short at current levels: RIMM rebounding on diverging momentum

RIMM (126.88) appears to be diverging higher on the 15 min time frame. A short recommendation was issued December 7th . The ADX (63.67) has reached an upper inflection point while the rising 15 min MACD has developed a higher low. Expect price resistance at the 15 min (20 period) EMA (128.68).