TechnicalsI'm not a huge fan of technical analysis, but I can't really dismiss it because it seems that stock price is often affected by psychology rather than fundamentals. Looking at the RIM chart, it looks like a classic "reverse head and shoulders" pattern including the required volume increases at the troughs.
https://stockcharts.com/help/doku.php?id=chart_school:chart_analysis:chart_patterns:head_and_shoulders_b
Potential pullback to the low 50's to complete the "right shoulder" before resuming upward trend?
Comments from technical analysts?