2waytrading
Long

$BBRY Is Back in Action (Shorts vs Longs)

NASDAQ:BBRY   BLACKBERRY LTD
164 0 2
The stock is one of the heavily shorted companies as of the last time 20% and today's rumors did not stop buyers to bet on either takeover or a real turnaround for recent new management effort to stop bleeding. From purely technical prospective, the chart also is suggesting a possible breakout and the large inverted head and shoulder's top formation has some merits as well, the only scary things I see is the formation of bearish flag/and or pennant that may knock off the price back to 8.71 area before this happens the daily chart suggest that price could go as high as 17.00 next 3-6 months provided that price breaks out above $11. Longs have a better chance than shorts and we are on the long camp for now. If you want a real time alerts try http://www.2waytrading.com
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out