2waytrading
Long

25% Upside move very likely

NASDAQ:BBRY   BLACKBERRY LTD
194 0 1
$BBRY recent positive coverage plus earning has indeed give the stock a new momentum upside bias which we called buy after 6/19/14 runaway gape upside with decent volume . Many believe the turnaround well expected from the new CEO             is near to fruition so we do. Now, the stock has printed a new 3 months high and needs to prove it can retest last year August high at and around $12.18 that is the major overhead resistance. So far the stock took all minor resistances but pulled back after IBM             and AAPL             gangs teamed up. Now, weak hands shaken, price bounced off from a well watched support 16% off from recent high, the chance to see a profit for the 5th time is very high. Long Dec Call for $1.3 entered 7/17/2014
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