2waytrading
Long

Intermediate Cycle Projection $12.85

NASDAQ:BBRY   BLACKBERRY LTD
143 0 0
So far EWs             have been accurate for this security those of us who used it right. Last few years it produced 12 winning trades with one losing by using EWs             . Fundamentally, many argue recent pop up was more of short squeezing rather than value created by the company. It may have some merits for that arguments but price and volume do not support their arguments that $BBRY is not good investment, in the long term it may be difficult to know how the company's turnaround process will work, it can fail which means the price will trade below $5 it also can succeed and we expect to see trend reversal back over $20. Both QST AND QLT             are best for active traders to take advantage of patterns that we see everyday. Last HSH pattern only achieved half of the target price, but 3-EMA valuation was almost a good QST which resulted 18.36% profit. Now, if price manages to close above 9.60 the chance to crash 3-EMA upside is very high and recommend a long entry with stop at recent swing low. Good luck and stay tuned for more to come.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out