#Blackberry looks stronger, could be takeover targetWith FireEye and Cyber very hot, and Raytheon buying WebSense, Blackberry looks cheap and very buyable. CEO John Chen wants to build BBRY to a bigger company (20.00+/share), but a 16.00 offer is viable. Majority shareholders could push hard enough to give in. I'd like to see BBRY get more partnerships that make it indispensable. Ultimately should be worth upward of 24.00 - 30.00, but short term needs Samsung, IBM, Apple, and more to get it back to health.
BBRY
BBRY - Blackberry's steady riseOver the last year BBRY has been making steady gains higher from the low of $5.50. The volume has been mediocre recently. Near a support/resistance zone and the EMA's are sideways. The SMA's are sideways as well. Stochastics are sideways looking to give a sell signal, RSI is headed lower and MACD is looking to give a sell signal underneath the 0 line. BB are tightening. ADX is at 17 and headed lower just slightly. If there is confirmation this week, I'd be weary of taking the trade before the next earnings coming up soon.
If triggers, more bullish than bearish.
Trigger $11.71
Stop is $9.48
Target is $17.61
R:R 3:1
More importantly, has the government given up these phones yet? What's keeping them going?
Long BBRYCEO John Chen is turning this company around.
Short interest: 20.63%
Market cap: 5.64B
P/B: 1.57
The Opportunity's Blackberry "BBRY" Could Be Capitalizing On. I believe, fundamentally, that blackberry is undervalued at its current share price and this is why. Initially that had a hard time keeping up with the competition, and lets face it the Z10 and the Playbook were both major flops. But a business can, and should use its failures to its advantage, and use it to tweak their business model which is what BB seems to be doing.
They have come to the understanding that, "Maybe we can't keep up with Apple in the consumer market, but we're still holding up the business world, why don't we capitalize on that"; which is exactly what they are doing. With their new product the "Passport" which was announced earlier this week, they have created a device that is is targeted to people in the business world. They have adapted their business model to suit their target audience, rather than fighting to hold a weak position in the consumer market.
Another huge asset that BB has, that many others are unaware of, is their secure network that is completely "off the grid". Any sensitive information is inaccessible to the outside world for hackers to obtain. Apple boasts about their security, yet hundreds of celebrities icloud accounts were hacked simultaneously earlier this month, while their private information was published to the web.
On top of that Apples new "IOS 8" operating system has had major issues, and the latest iphone has had several reports of bending in peoples pockets. Blackberry has a window to capitalize on the mistakes of apple, but its closing. Remember when Samsung mocked apple during the iphone 5 release, for their gimmicky marketing tactics, when Samsung introduced the Galaxy s3? That campaign alone allowed them to steal a huge market share from Apple.
I strongly believe BBRY's next earnings report will be in the green. There is no reason why the Passport should flop, unless there is a catastrophic failure that has yet to be found, which is unlikely. By narrowing their target audience, they can focus their expenses, and maximize profits by wining over a particular market share. Making their product exclusive, it will inevitably become a desired product.
Blackberry Daily (19.08.2014) Tech Analysis EMAThis week we will see the EMA (50,100,200) and MACD,RSI for various diagrams.
The Blackberry Share (BBRY) Daily Diagram Technical Analysis Training shows the following:
BBRY's, after earnings day, EMA 50 crossed above EMA 100. There is a sense of bull market now because the EMA 50 is above EMA 100 & EMA 200 and EMA 100 is trying to gets itself above EMA 200 these days. So there are some Golden crosses lately.
MACD has turn bullish and tries to get itself above the zero line. RSI moves to 53.
I Believe that these levels are an opportunity for long position.
Blackberry Ltd Daily (07.07.2014) Technical Analysis TrainingThe Blackberry Ltd (BBRY) Daily Diagram Technical Analysis Training shows the following:
The (BBRY) share is on a sharp uptrend. The support lines is above the KUMO, which means that the BBRY is bullish in long term. The weekly diagram shows bullish trend in the KUMO.
So the first think in mind is that BBRY has stabilize its price over the $9.55. MACD is forcing its bullish trend and RSI too (even in overbought levels). Maybe a little resistance at 10.76 for some consolidations between $10.76 and support lines.
The volume is increasing day by day.
There is no special candlestick pattern or you can think of a morning star today(? on close ? but we are on uptrend so..). The share is over the KUMO and it is over the Tenkan Sen (green line) and Kijun Sen (blue line) too.
There is cup with handle pattern with 100% projection @15.92. The fib from $5.70 to $10.76 shows 1.618 projection @$13.89 for a first target.
So get long in spite of any correction. Stop loss under the support lines.
Blackberry Ltd Daily (30.06.2014) Technical AnalysisThe Blackberry Ltd (BBRY) Daily Diagram Technical Analysis Training shows the following:
The (BBRY) share is on a sharp uptrend. This support line is above the KUMO, which means that the BBRY is bullish in long term. The weekly diagram shows bullish trend in the KUMO.
So the first think in mind is that BBRY has stabilize its price over the $9.55. MACD is forcing its bullish trend and RSI too (even in overbought levels). Maybe a little resistance at 10.76.
The volume is increasing day to day. In earnings day was 6 times the average.
There is no special candlestick pattern or you can think of a bullish engulfing candlestick today(? on close). The share is over the KUMO and it is over the Tenkan Sen (green line) and Kijun Sen (blue line) too.
There is cup with handle pattern with 100% projection @15.92. The fib from $5.67 to $10.76 shows 1.618 projection @$13.90 for a first target.
So I think that BBRY has seen the long term bottom finally.
