Is this a good time to buy? Nope! There's no reason to buy when a stock is still in a confirmed downtrend, that's how people get burned. What's helpful if trader's look at multiple time frames. For example, during the day I would have up 120 mins (1 min increments), 1 day (5 min inc.), and 3 day charts (10 min inc.). That way I get the entire picture.

BlackBerry maker RIM was the biggest winner in a slowing smart phone market in the second quarter, roughly doubling its market share from a year ago to 17.4 percent, research firm Gartner said on Monday.