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SCV_Trading
Jun 22, 2020 9:35 PM

BLACKBERRY LTD - WEEKLY - Potential Short Opportunity Short

BlackBerry LimitedNYSE

Description

The price has been trapped within this descending channel since Jan '18 and two weeks ago was rejected once again by the 50-day Moving Average (red line). This has triggered a potential sell signal towards 3.00 zone, stops around 6.00.

Always keep in mind it is a game of probabilities.

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