sachu_blessyou

Historic Blackberry Long Around the Corner

Long
NYSE:BB   BlackBerry Limited
With Blackberry's shift from phones into other areas such as cloud communications there's a lot more potential for upside. The company has showed resilience but price is still in a dangerous spot, with hype driving up the market we still need to clear the $20-30 range to be sure this is a new bull trend. You can see that moves like this have rejected and gone back down into accumulation many times. The green Ichimoku cloud starting to form is also a positive sign that will add onto the case for a strong bull trend in coming years. Once the range breaks my initial target is the $75 level.
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