BlackBerry Limited
Long
Updated

$NYSE:BB - Breaking out of a Bullish Flag

864
BB just reported positive earnings and it's reacting by breaking out of a bullish flag that's been forming since around March.

My play for this is to wait for a retest of the $9 - $9.30 and use it as a buying opportunity.

Price target is $15 - $16.80

Depending on your entry/exit, this has a 60 - 85% upside.
Trade active
Bought in at $8.89

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