d.vezeris
Short

Blackberry Ltd Daily (29.07.2014) Technical Analysis Training

NASDAQ:BBRY   BLACKBERRY LTD
178 3 1
The Blackberry Ltd             ( BBRY             ) Daily Diagram Technical Analysis Training shows the following:

The ( BBRY             ) share is on a sharp decline. The resistance line is above the KUMO, which means that the BBRY             is weakly bearish (inspire of -4.4%). The weekly diagram shows neutral trend into the KUMO.

So the first think in mind is that BBRY             look for new support lines at around EMA 200 or $9.40. MACD is forcing its bearish trend and RSI too.

The volume is above the average. The 0.5 of fib is @ $9.38.

There is no special candlestick pattern. The share is above the KUMO & EMA 200 but it is under the Tenkan Sen (green line) and Kijun Sen (blue line) too.

I think that we are on a handle pattern of a cup so I believe that EMA 200 will be the bottom. Short until it breach the resistance line. Be careful at EMA 200.

P.S. In after hours transactions OTC             1,487,681pcs of BBRY             sold @ $ 9.7939. For more long term info take a look at my previous analysis.
Today BBRY has a pattern that is the definition of Bullish Harami. Enjoy it. (Definition: http://www.investopedia.com/terms/b/bullishharami.asp)
snapshot
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I'm seeing a head-and-shoulder pattern, do you do too?
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d.vezeris Dutchsloth
I think I do, but left S =$10 and head = $11.5. This is a 15% difference. I do not know if it is valid. I prefer to wait and see Friday's closing price and then we can learn with more secure info. It is very interesting to see today's closing price too. I am very interesting to see the harm process (valid or not) and today's reversal hammer(?).
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