Trade ideas
$BB Analysis & Predictions Based on Parabolic Squeeze MomentumWith BB now reaching a new high since the previous January squeeze, the level reached was approximately near the $20 Level, or the 61% Retracement level. It is now currently using the 50% retracement level of $17 as support for a potential next leg up. If parabolic movement continues in the "meme stocks" , you can look for your next targets of resistance levels near $20 (61% retracement) and then $24 (78% retracement).
The zones are as shown on the chart, shows how these fibonacci retracement levels play a significant role in determing support and resistance on 1D chart.
My position on this was strictly options, I purchased so called YOLO calls on Tuesday of this week
6/4 $16 Calls - 0.86 /c
as well as yesterday at the close purchased
6/11 $20 Calls - 3.30 / c
Sold the June 4's for 4.85 at the open today, cant complain about that gain and they expire soon, and I will hold these $20 calls for next week if the current support zone holds.
GLTA, follow for more
$BBBlackBerry Limited provides intelligent security software and services to enterprises and governments worldwide. The company leverages artificial intelligence and machine learning to deliver solutions in the areas of cybersecurity, safety, and data privacy; and endpoint security management, encryption, and embedded systems. It offers BlackBerry Spark software platform that includes a suite of security software products and services comprising BlackBerry UEM, BlackBerry Dynamics, and BlackBerry Workspaces solutions; and BlackBerry Spark SDK to promote the evolution of a platform ecosystem by enabling enterprise and independent software vendor developers to integrate the security features of BlackBerry Spark into their own mobile and web applications. The company also provides BlackBerry Internet of Things (IoT) solutions, including BlackBerry QNX, BlackBerry Certicom, BlackBerry Radar, BlackBerry Jarvis, BlackBerry AtHoc, BlackBerry Alert, SecuSUITE, and other IoT applications. As of February 28, 2021, it owned approximately 38,000 worldwide patents and applications. The company has a partnership with the University of Windsor to develop and deliver a cybersecurity curriculum for the university's graduate master's program in applied computing; and an agreement with Amazon Web Services, Inc. to develop and market BlackBerry's IVY, an intelligent vehicle data platform. The company was formerly known as Research In Motion Limited and changed its name to BlackBerry Limited in July 2013. BlackBerry Limited was incorporated in 1984 and is headquartered in Waterloo, Canada.
$BB Short Term Options PlayFollowing the other meme stocks, I expect BB to show similar price movement to AMC. Purchased some $11 calls on Friday for a retracement move towards $13 with other meme stocks moving upwards. Speculative lotto play if anything. Heavy volume premarket, and gives a lot of retail trader exposure being a low priced stock with relatively low premiums in comparison to AMC and GME
$BB squeeze is starting now $nasdaq #blackberry
$BB is the next boom from short covering that it has already started today !RocketFireSmiling face with sunglasses like $AMC $GME before 3 days. The $BB #blackberry has #short interest ratio (days to cover ) 3,8 just now ! It is amazing what price will reach BB blackberry , $20 surely
The history is repeating ,like previous time after huge soaring and short covering of $AMC and $GME the next is $BB . The start of soaring was started today for $BB . It has 3,8 days to cover from short covering if the short covering start just now!
BlackBerry has long-term growth potential with its endpoint security and embedded solutions. It has products to tap the 5G and electric and autonomous vehicle (EV/AV) revolution.The biggest challenge for BlackBerry is to beat the competition and gain market share
$BB MASSIVE POTENTIAL - The Sleeping GiantA month ago I posted this exact chart and told you why BB has massive upside Potential.
In my opinion it's the best of all "meme stocks" fundamentally.
As expected we now broke my biggest resistance, and we can enjoy a run in the following day's if we not break down this under "resistance".
I believe that we could see crazy run from BB maybe even higher than the last run (like AMC).
Follow me if you don't want to miss out on opportunities like that.
$bb to $20 soon!$BB is the next boom from short covering that it has already started today !RocketFireSmiling face with sunglasses like $AMC $GME before 3 days. The $BB #blackberry has #short interest ratio (days to cover ) 3,8 just now ! It is amazing what price will reach BB blackberry , $20 surely !
BB long ideaMeme stocks are back at it. With GME and AMC running, BB could catch some bids too. If $9.6 breaks convincingly, the most recent price history between that level and $12.3 is straight up. Easy to target with 3:1 R/R but watch for 4h close above 9.6. Weekly hidden bullish divergence maturing. First higher low o 4h in a long time after very deep retrace (lost over 70$ os the value top to bottom). If you zoom out you can see that the stock is still down over 90% from historical ath.






















