First GME , second was AMC…..Is BB Next for the meme cycle ? Gaps to fill. Apes can really push this to $50 easy
Trade ideas
Their safeword is $16Hard, directed price suppression has occurred when price exceeded $16.
They have been stepping price down ~$1.30, seeking pre-spike2 levels of ~$8. This level also happens to nicely fit with the pre-interrupted squeeze that price swung lazily around for 1.5months before it began squeezing.
This is their comfort level. It's why they did nothing for the 1st 1/2 of December. That blatant suppression on 12/17, that was them getting nervous. And, it worked ... for a while. XD
Price will continue to be stepped-down until at least $8.30 is reached and probably until $7 just for good measure.
$BB Blackberry a BUY SignalLooking interesting here, regardless of meme status. Interesting news too.
BBPrice action and prediction from the moon. This is not short but short squeeze . Pick up discount from leg 5
BBLONG-TERM: 4hr and Daily Hidden bullish divergence, bullish bat, breakout of downsloping channel, bounced off a historical level. (not financial advice)
bounce off imminent. Call options are cheapBreakout from the falling wedge. Waiting for it to test it's previous high
Blackberry BB OutlookHere we see BB creeping up on its trendline established around November 2020. We have seen no real rise from BB and volume has been very down. There are a few signs that point to the downside at the moment.
Let's take a look at the RSI for example. BB has consistently stayed above this red line since its reversal and has kept bullish momentum. Here we see BB is starting to potentially break under this red line which indicates a change in momentum. This could be a bearish sign if BB still holds strong selling pressure.
This is a look at the slightly bigger picture where we can see BB has broken down from its original bullish structure and has since retested this trendline. There was a clear rejection at this level which is a very strong sign of further downward pressure.
Another key thing to note here is the lack of volume! BB can't rise unless there is a rise in volume. The Speculative Market has taken a huge hit in the last 2 weeks and many investors are timid to get back in.
Furthermore, all is not lost yet. Here we see BB is still above the original bullish trendline established after the initial breakout. Until this level is lost BB is still bullish in the long term. The short term may have a high potential for further downside but the big picture is still promising.
BB is in a very strange position. It's very hard to gauge the next move because volatility is down and market conditions are very muddy at this point in time. Looking for more clear signs for the short term. I have given what I expect in the chart!
I hope this analysis helps in any way and questions are more than welcome! Happy Trading!
Blackberry $BB going to $7.70 if we don't hold the resistance?Resistance seems strong around $10.63. Will the bottom go to $7.70? Share your ideas, please.
BB, Short term high 10s, BearishBB sunk below the 11.40 support and now has to face it as a resistance. Failed to climb over it today and is now on a downtrend towards 10.90. AH Confirmed it and is now trading at 10.97 at 7pm EST. Tomorrow will be an interesting day as we will see it attempt the 11.40 again or will it fall and find a new support around 10.50? Depends on volume, buying trends for the day and of course the gods themselves, wall street bets.
$BB | BlackBerry | Price Is At a Key Trendline & Horizonal Pivot$BB bounced after touching the 786 fib retracement and is trading right below key price structure.
The upper trendline & $12 level will be used as initial breakout confirmation structure with secondary confirmation above $12.50
Targets $13.50 | $14.50 | $16.00 (although these are likely to change)
BB Short term, Push past resistance and were looking at 100%+If BB can push past the $11.80 resistance we can see a breakout, if it fails were looking at high $10s.
Up little fellaBB still has a lot of barriers to break but the long term up-trend seems to be establishing
BB long, PT short term $13.00No where near qualified to give financial advice but today was a good reversal for BB, if they can break out from the 11.80 high i think a breakout to $13 is near. Same is true depending on it it drops near 11.35-40 levels expect to see the high 10s again. Id appreciate some slack as this is my 1st post and first analysis, trying this out for fun now as im learning more.
$BB falling wedge into breakoutA falling wedge pattern shaping in the BB price action, with increasingly lower price volatility inside the tapering wedge and MACD crossing, BB is setting up for a breakout upwards. With cyber security being talked about left and right, a reversal could be in the cards.
Blackberry BB Looking For a Relief BounceChart says it all. Judging by this analysis BB will likely break down from $12 and begin to test the $11.50 area sometime this week.
BB needs to find support around $11.50 and from there we should begin to see the bounce starting next week.
Targets are:
~$13
~$13.50
This is not financial advice, please always do your own research and analysis. Happy Trading!
BB round bottomLooks like a round bottom forming here at/near the site of the previous gap (might dip to more convincingly fill, otherwise it might be satisfied... tough call)
Looking to retarget highs in coming weeks.
not financial advice.
