jangseohee

Route to demise Cont'd

NASDAQ:BBRY   BLACKBERRY LTD
156 5 2
Following up with my previous post on BBRY             , i would expect price to break out above 11
Just 7 trading days ago, lots of talk are about break outs!!! Yes, it broke out twice, first is the resistance of 11.12 and then 11.63. By then, i was very ready to short because price had flied too far away from my favorite 8ema. (I am not at all worry that it might shoot higher). Price was almost 13% from 8ema.

Using a smaller timeframe, my short order where triggered at 12.10

To add salt to the wound, after being rejected from long term channel resistance extended from 2009, the previous break up has become break down. It has just been downgraded GAP down and fall back to short term downtrend channel as well as below retracement uptrend channel in green.
Comment:
Comment: short to mid term bull

monthly chart it still has not touch the channel support
unless the channel is inaccurate
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out