Category: pair trade

  • RIMM Breakout and Pair Trade

    Thus far the “pair trade” I outlined yesterday and entered on Friday is a success, as RIMM broke out in a big way today and AMZN (short) hangs out under the “failed breakout” resistance level. I took a partial profit in RIMM today and moved my stop up to entry…

  • Pair Trade: RIMM and AMZN

    On Friday I went short AMZN and long RIMM. This is a “pair trade” trade using the folling strategy: 1- enter one stock long and one stock short from similar fields. 2- the short stock should exhibit a very bearish pattern, while the long stock a very bullish pattern. The…