$BB - Blackberry - investment idea 💡 ⚠️ - This idea is based on my technical analysis only. Do your research and trade on your own risk!
BB
BlackBerry Falling? BlackBerry - Short Term - We look to Sell a break of 8.38 (stop at 8.97)
Previous support located at 8.50. The primary trend remains bearish. The trend of lower highs is located at 9.50. A break of bespoke support at 8.50, and the move lower is already underway.
Our profit targets will be 6.53 and 5.80
Resistance: 9.50 / 10.00 / 12.00
Support: 8.50 / 8.00 / 6.50
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Closing the Week (1/14) Above The Trend Line with MA's Curled UpTrade at your own risk.
My analysis is bullish. We've got a green week candle about to close above the trend line, the 100 & 200 day moving averages on the week chart about to cross, the Mac D & Stoch RSI on the week looking decent to pump, moving averages strongly curling & trapping on the month, similarly on the 3 month. My target would be 200 day moving average on the day chart (as it hit during last years run) or slightly lower due to the MA coming down sharply on the 3 month, right around $14.50.
Do you feel it?are we seeing a moment of cool down on IWM? if we are this is how i think this thesis could play out like my drawings but if you agree please drop a like!
cheers
BB Canadian Chart Geo MathsLets see if this GEO chart can get up to that price target on the top of the cypher.
BB Idea for the BullsBB has formed a familiar structure (in yellow) under this channel that can be drawn
A break out of this will send the bulls on a rally like the initial one
Lets see what happens, a long with no leverage would be the play on this weekly chart
DWAC Epic Market On Close VolatilityInto the final minutes, $DWAC was trading at $39 a share at about 3:58pm. It then flushed to $36.69 by 3:59 only to reverse and close at $42.29 by 4pm. It hit a high of $59.39 before closing at $55.40 after hours. This is off of news that they have reached a fundraising target. With Jack gone and the recent distribution in names like $TWTR and $FB, is this a rotation into a competitor? Or is it a rotation from meme stocks such as $GME, $AMC, $CLOV, $BB, and $BBBY that have recently rolled over? Either way, this is nothing short of epic volatility.
BB | SHORTNYSE:BB
Possible Scenario: SHORT
TP1: 10.5$$
TP2 : 10.10$
Evidence: Price action,
PUT options, Strike 9$, 29 October.
*This is my idea and could be wrong 100%
BB | InformativeBB
I expect it 10.50$ area as strong support, and then bounce up, above 11.75$ it's bullish.
*This is my idea and could be wrong 100%
BBBlackberry (NYSE:BB) pulled back before the weekend, getting rejected by the $12 area and falling to about 10.9 on Friday. I think this pullback is a great opportunity to enter. I'm playing it for another BIG pop.
BB looking good here - wedge likely to pop back to ATHBB following a similar pattern as before with a long term wedge. No more room left for shorters and short squeeze is imminent. Whatchu think? Funny what seems obvious when you just zoom out far enough!
$BB - We have a breakout. Will resistance become support now? We'll see. I am holding already, was buying in the low 10's and high 9's. thought about taking profits today, but going to see what happens in the morning.
AMC's 3rd Squeeze PredictionAMC has been prepping for it's next squeeze for almost 5 months now. Short Interests is at all time highs meaning shorts have not covered and the technicals show bullish momentum starting to build up once again.
Some indicators that suggest the next squeeze is starting.. low volatility, low volume (increasing now), high short interest, pennant close to breaking out, and previous trend analysis.
My price target is taken from AMC's Speed Trendline & Fib Retracement levels which suggest the next squeeze will peak end of November at around the $150 area
Low/High Weekly Price Targets:
October 22 - $38/$48
October 29 - $42/$62
November 5 - $52/$80
November 12 - $73/$88
November 19 - $87/$104
November 26 - $96/$150
Retest of 200 day Moving Average inbound!NYSE:BB “Reversion to the mean is the iron rule of the financial markets." ~John C. Bogle
Recent Upgrades by Analysts + Positive earnings = upward price action
Long | BBNYSE:BB
It looks bullish
TP1: 10.20
TP2: 11
TP3: 12
Call options 01/21/2022 Strike 10$
Timeframe 2 weeks
*This is my idea and could be wrong 100%
BBBlackberry (NYSE:BB) The stock pulled back on Friday after they reported recent results last week and provides an opportunity to invest at a better valuation. It should resume the upside move next week for a possible run to test the recent highs at 12
?Flag formation on BlackBerry. BBIt looks like one from Bird's eye view. If this is true may be climbing even further up. This is assuming that we are finishing up Wave 4 of main impulse. Time will tell.
Fibonacci goals are in green, reversal or invalidation is in red. This post is not financial advice, make your own financial advice or pay a certified professional ( you are to statistically faire better at blindly longing SnP500 incase of the latter). Playing on the market whether you are an investor or a trader is risky. No good thing is ever without. Good luck out there.
to $12 today!after perfect earnings uptrend move with big volume!
lets go to 12$$$
eps and revenues beat !
$BB be booming soon?Another “dying company” thats a victim of squeeze and release
It appears to run into these Expanding Flats before it has a run up
Curious if this next wave leads to something big maybe a 12345 impulse?
Blackberry overview - Getting close to breakout?Here is a quick look at BB on TSX.
Over all, its looking like a triple nest, that's approaching the downtrend line from the Jan 27th and June 3rd highs. We're about a month away from crossing it if we stay in this prize zone, but with earnings coming up next week, we could see some action if the numbers are positive.
I don't like to think of this as a meme stock, and I don't keep up with the short squeeze possibility on BB, so DYOR if that's what you're hoping for. I'm just looking at this with an Elliot Wave analysis overlain on a pitchfork. I really like the pitchfork because its held up key fib levels.
There is a possibility that wave 2 isn't in yet and we could head to 11.19...that's where we find the 1 period on the pitchfork and a previous resistance shown in red, but i don't think we will break ~12.65 unless earnings is a real dumpster fire. Note the increase in volume on Sept 17, which is quad witching.....could be a good indicator that flow is positive into this name for the next quarter.
Worth a shot with a buy here around $12.80, SL at 11 and PT1 at 19.75 and PT2 at 25.90, a potential 3.77-7.05 R:R.
