OhRyanD

$BB Breaking the falling wedge to the upside

Long
NYSE:BB   BlackBerry Limited

Blackberry is moving out of the falling wedge above the channel. Looks good on the daily - 4hr and 2hr looks like it is coming back to the wedge. If it can hold this for another green day, could be huge volume to support it.
Besides the memestock label that has befallen on this company, Blackberry carries a very positive outlook and bullish sentiment among value investors. Their financials are great with a low P/E ratio compared to it's peers. With a slew of govt contracts and high profile partnerships, this may be the ground floor.
Definitely one to keep your eyes on. A new bull run coming soon?
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