Targets are in orange. Buy the thicc on volume gap. $11.50 rn is not a bad entry. unloading at first stop around $30. unload more at second orange box
Looks like a crossover of the lower-over-higher period moving average on $BB is afoot.
BB is turning things around, as usual earnings scared some investors off but they were better than expected so the gains that were lost, will be made again!
Since the demise of Nortel, Blackberry was the darling of the Canadian Tech Sector till about 2008. However, the rise of Apple combined with the Great Recession of 2008 caused the stock price of BB to drop from $130 to $40. Proliferation of touch screen phones running on Google's Android platform since then further contributed to the stock's decline. The stock...
$BB continues to wind up against this $10.84 level, which I cannot much understand exactly why. A very interesting looking 1H chart, and this 4H chart with this pennant forming. What do you think?
AI and the driverless car will get more traction in next generation cars. Manufacturers will embed this AI(QNIX) into cars and ready to use and make it available for consumers. In fact, many cars have those Adaptive Cruise controls type of features. It means BlackBerry customer base and revenues should be incremental. Next generation applications should...
If you are interested in buying stock and/or call bull credit spreads, this is time. Right away earnings and price action is a a major support of $13. Enjoy.
Massive sell off on blackberry down to current lows. I believe that this stock could gradually reach lows of 8.50. Having said that, a reversal up to highs of 13.50 could potentially occur. Let's Just Wait AND SEE!
Proof that the market can be better predicted with technical analysis. Despite beating earnings estimates during the quarter the price action is tanking after forming a double top. Short on this for now but defenetly looking for a buying opportunity long term