Fundamentally, I believe BBRY is in a good position to reinvent itself. John Chen has cut a lot of fat from the company, but it remains to be seen if he can successfully expand BBRY's top line.
Key ST resistance level at 0.5 fib level between USD11.60-11.80 zone.
A lot of support is seen at upward sloping blue line added in the chart, so this may a be a good time to add to your position.
This isn't a short term play so watch the pain, not just the gain.
May your trades work with you.
Comments
kevinpaticks
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Checkout my idea on BBRY from a few weeks back.. Have been very successful with the long/short zones indicated