hungry_hippo

BB Summer Rally

NYSE:BB   BLACKBERRY LTD
Small caps appear to have broken out (IWM/$RUT), which means we'll see some money flowing into garbage small caps. If I gotta pick anything here, it's BB. Increasing revenue and they made a profit. Got hammered by lack of liquidity after earnings .

All kinds of positive TA... inverted H&S , a larger inverted H&S , cup and handle , bear flag . On top of that, positive divergence on MFI and RSI . Picked up 3k shares at closing price, thinking this heads back to $10.25 in a couple of weeks.
Trade closed manually: Don't see the market rallying this week thanks to pumpkin face, taking a hit here and leaving. Closed out everything, at least I only lost a grand today, all cash now. No positions.
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