The Blackberry Ltd (BBRY) Daily Diagram Technical Analysis Training shows the following:
The (BBRY) share was on a sharp decline the whole last week,
BUT.....
As you can see on the diagram BBRY is under this short term resistance line (purple)
when Blackberry acquire Secusmart and BBM is a fact for MSFT users.
I can not understand why these are bad news for such a decline(technically is logical movement (0.5 of fib))
So I design some tech indicators and tech patterns in order to make a try to clear the whole image.
Is BBRY desperate to lunch BBM for Windows Phone or this is the Gold App that can bring users to BBM Software (secure).
The diagram says the Following:
If BBRY reacts from here and confirms the golden cross and the 0.5 of fib resistance then get long for $11.56
If BBRY stabilizes under the EMA 200 & 100 then short for 8.23 first.
Get start on Monday .... and watch carefully
The (BBRY) share was on a sharp decline the whole last week,
BUT.....
As you can see on the diagram BBRY is under this short term resistance line (purple)
when Blackberry acquire Secusmart and BBM is a fact for MSFT users.
I can not understand why these are bad news for such a decline(technically is logical movement (0.5 of fib))
So I design some tech indicators and tech patterns in order to make a try to clear the whole image.
Is BBRY desperate to lunch BBM for Windows Phone or this is the Gold App that can bring users to BBM Software (secure).
The diagram says the Following:
If BBRY reacts from here and confirms the golden cross and the 0.5 of fib resistance then get long for $11.56
If BBRY stabilizes under the EMA 200 & 100 then short for 8.23 first.
Get start on Monday .... and watch carefully
