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jojofang0901
Feb 1, 2021 10:26 PM

Blackberry Higher Time Frame Analysis Long

BlackBerry LimitedNYSE

Description


Hello everyone:

Seems like BB, together with other stocks are the talk of the town these days, so I thought I will provide my price action outlook on it from a long term perspective

We can see price was right back to the all time lows of around $3, formed a HTF double bottoms.

Price did move down to the lows within that descending channel reversal correction, which is a good sign for the price to get into a bullish momentum when correction completes.

We then see a strong break to the upside, and potential breaking out of the previous swing highs. This can be the start of the next HTF bullish run.

To confirm the further upside potential, look for LTF continuation correction for the buys.

thank you

Comments
InkyGrip
wonderful work! 🦐️
jojofang0901
@plancton0618 thx bud
usapack2
seems you wrong with this scenario ....(
TRADiNG_hub
Amazing Valuable Post
jojofang0901
@TRADiNG_hub thank you 🙏
TheSignalyst
amazing stuff here as usual!
jojofang0901
@TheSignalyst, thank you as always
Mahtab_Tradia
Well done mate!
jojofang0901
@Mahtab_Tradia thank you 🙏
abel11
wow! thanks for sharing!
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