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trisperon

Ascending triangle on Blackberry

Long
BlackBerry Limited (NYSE:BB)  
trisperon  
NYSE:BB   BlackBerry Limited
Triangle Oscillators Parallel Channel Ascending Triangle
5
0
triangle oscillator parallelchannel ascendingtriangle
Price on daily chart has been bearish since a turn in trend around january 2018 moving inside a channel to the downside. An ascending triangle formation and a rise of RSI above 50 could mean an advance towards the midline of the regression channel. I entered a long trade @ 3.90., current SL right below 100HMA @ 3.17

First target: 4.5 - SL will be moved to Breakeven
Second target: 5.30 with SL being moved right below midline around 4.30
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