BlakeBerry Limited is showing a sloped inverse head and shoulder on the daily. Following earnings there was a high volume surge pushing the price higher, maybe selling those patents was a great idea after all... Anyway, this is currently a risky play to enter now as price action is below 200MA. Depending on this coming weeks stock performance I might jump in on...
Ticker: BB
2023 Low: $3.31 (USD)
2023 High: $4.58
Current price: $4.37
The company recently reported nine new “design wins” in the automotive industry, and their QNX technology is now installed in more than 215 million vehicles worldwide, with Human Horizons deploying BlackBerry QNX technology for autonomous driving features in their HiPhi Z vehicle. Without...
BlackBerry Limited provides intelligent security software and services to enterprises and governments worldwide. The company operates through three segments: Cybersecurity, IoT, and Licensing and Other. The company offers BlackBerry Cyber Suite, which provides Cylance AI and machine learning-based cybersecurity solutions, including BlackBerry Protect, an EPP and...
At a current support zone right now. I can see a dump to the lower line first before a scalp-long plays out. Let us see.
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Every day the charts provide new information. You have to adjust or get REKT.
Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward &...
BB is currently at support and it looking to move higher. Stop loss should be set below the support box which is a clear invalidation. ES1 & S&P500 are currently looking bearish on the higher TFs but a quick pump can happen before the higher TFs play out.
Love it or hate it, hit that thumbs up and share your thoughts below!
Every day the charts provide new...
I just thought this bounce at the 382 was interesting. After the market flushed, $BB bounced hard off the bottom of the rising wedge pattern. Assuming we're not going to see more downside more broadly tomorrow, I'd expect $BB to start moving back up--at least to the middle of the wedge. Just shy of $5 perhaps?
We have 3 Rising Valleys on Blackberry and has room to go to $7.5 if it plays out.
The MACD crossed Bullish and the RSI bounced from the 50 line during the last Valley.
In my previous chart on $BB, I wondered if BB would pick a true direction in the coming session and speculated it would be another trend downward. Looks like I was right. I see two possible paths from here: (1) BB walks down to about $4.40 and then starts to move back up slow and steady to the middle or top of the broadening channel; Or, (2) we see a precipitous...
The short term trend suggests a direction will be chosen by Friday and I'm inclined to think BB drops under $4.50. Max pain is $4.50, but there are 9000 call contracts up for expiry this Friday at $5. Should be interesting...
My sense is BB is going to swing back down to the bottom of the channel, because why not? Whatever is going to happen it'll happen on Monday.
Sure would be nice to see her pop above the channel and keep going...
Well $BB didn't go parabolic, but she still wants to get higher. There are key trend lines to cross and we're at a cross roads in the current pattern. But after we break out, I could see her trading sideways before another, more significant break to the upside.
a very crude Wychoff accumulation idea from me. use schematic as reference for those with smooth brains
how i imagine we run into ER...
im using Fibs for levels
GL, im leveraged
NFA NFA NFA
Looking at the BB BlackBerry Limited options chain, i would buy the $5.5 strike price Calls with
2022-10-21 expiration date for about
$0.25 premium.
Looking forward to read your opinion about it.
I believe BB will undergo a double bottom
This double bottom will take place with the second bottom hitting the middle line of a strong down channel
This adds to my previous BB post
I'm not a big fan of the meme stocks and I'm not a big fan of speculating. However, I was scrolling through the charts and I noticed that Blackberry BB had a unique tell in its monthly chart, which I will show inline since I have to make the post on the weekly candles, otherwise it won't display:
Simply put, BB has never broken its pre-meme pump and dump lows...
BB is repeating the accumulation algo prior to January, 2021 and it's moving about twice as fast.
In Dec 2020, #BB broke above the (red) downtrend and within 6 sessions gapped up 60% before retesting a major support level. We've been in this same cycle for about 7 months and we're about to pierce the (red) downtrend. If the algo is going to repeat itself, we'll...
