Tonto Trade - RIMM

I had RIMM in my radar because I wanted to see how it would react to the swing high from the previous day (PP 2 days ago), and I thought I would enter long if things went well. RIMM printed a nice, bullish, and wide OR bar however when it approached the PP, it printed two doji and the bar that broke the PP ended up retracing below the PP and printing a long upper shadow. RIMM managed to brake above the PP on the third attempt, but printed 3 candles with long upper shadows and did not really manage to take off; in fact it remain glued to the PP. The overall market started to turn at this point so I went short as soon as RIMM printed a bear bar that closed below the PP. RIMM dropped at a nice pace and just before 1pm it printed a long green candle that closed above the 20EMA. Normally I would have exited at that point, but the volume was extremely low and I just could not believe there was an imminent bullish move. I took a partial at the ORL which ended up being a hammer-like bar. As soon as RIMM closed above he 5EMA, I closed my position.