Hi, Hussain9. Thanks for your update and your suggestion to not profit taking. I am long on BBRY and have a personal target I'd like to discuss with you once it breaks 10.9 resistance. About waves, where do you think we are now? Best regards
Hi, Hussain9, so it seems the 10.9 barrier was broken and so, according to your analysis that I found pretty interesting since some months ago, we should be in the 3rd wave. Where do you think we are headed? Best regards and thanks in advance for your attention.
Hi, dear Hussain9. So, it appears u think it will hit your 15.8 target around beginning of 2015. If I remember well, I saw a chart you posted some time ago with a target price of 32/34$. Do u still think it is a reasonable target? Thanks in advance for your reply.
hopefuly before 2015 . I didn't post any analysis for 23/24$ as a target . However, a healthy balance sheet, an extensive patent portfolio, launch of the BES12 platform, partnership with Foxcon, a new deal with Amazon.com and presence in over 147 countries are likely to foster growth while moving ahead. Moreover, implementation of cost control measures, divestiture of unprofitable units and capital spending reduction will not only drive margins but will also boost cash flow going forward . I think this company has a lot of surprises to survive .
ou are welcome . for me its not a strange correction because of 2 reasons : 1st is the gap , and the 2nd is the correction for the 4the wave in the daily . I am expecting to close the gap at 8.2 , as the 4th wave shouldn't go behind the top of wave 1 and go up again above 11.6 . but sometimes it will not close the gap at this time .