Blackberry's stock ( NYSE:BB ) price has fallen by over 90% from its 2021 high, indicating a decline in the company's business. The company's annual revenue dropped from over $1.04 billion in 2020 to $843 million in the last financial year, and it reported substantial losses, with the largest one occurring in 2020. Blackberry has lost over $2 billion in the last...
BlackBerry
Short Term
We look to Buy at 6.18 (stop at 5.57)
Previous resistance, now becomes support at 6.20. Price action looks to be forming a bottom. There is scope for mild selling at the open but losses should be limited. Further upside is expected although we prefer to set longs at our bespoke support levels at 6.20, resulting in improved risk/reward....
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 /...
BB 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
Blackberry (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
🚀Ticker: (BB) Black Berry : Eyes on BB Above 16.25 with volume .
✅As you can see here we have formed a bullish pennant on the 1 hour backed with strong volume .
The red spinning top at supply closed with over 144 million volume . After a healthy retracement to
the downside, we were able to find support just below the 9MA (blue curve) where we formed
an engulfing...
Chart painting from the early 21st century, artist Maxi Scalibusa. No investment advice or a recommendation to buy or sell any securities. This is entertainment. Start 10.07 USD
