oerboom

BB continued downtrend

Short
NYSE:BB   BlackBerry Limited
Highly periodic variability between successive minima in recent weeks; most obvious on hourly chart. No divergence b/w price and RSI or volume-weighted RSI (MFI). I don't anticipate a reversal, but I do anticipate more volatility (for now). Very well-defined linear trading channel (R~0.91) recently, maybe the slope will break soon and a knee will emerge.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.