BLOOBERRY

Price Action on Pump

Long
BLOOBERRY Updated   
NYSE:RENN   None
3
Bullish on the downward wedge, last week on 04/06/16. Upward trending wedge, possible for a short ride to resistances @ $3.55 & $3.69, before retracing south.
Comment:
Going strong at $3.51! Keep pushing baby!
Comment:
Upward wedge again, potential for a reversal if it strays south of the extrapolated line.
Comment:
Despite the wedges, based on the 60 outlook a subtle ABCD Sell pattern can be loosely overlayed. Examining the RSI indicators may give more insight.
Comment:
*Clarification: Bearish ABCD pattern. Considering entering position after it taps $3.36 for a reversal.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.