CL1!: Crude Oil WTI making the first higher high in yr2016 Crude Oil
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# Trend reversal signal appeared.
# Break above previous high at $35 (But with low trading volume)
# A minor pull back from $38 to $34 - $35 considered as healthy phenomena.
Note:
Commodities based on demand-supply. Price wont go far high unless world oil producers willing to negotiate.
# Next major event that will cause high volatility is coming OPEC Meeting.
Higherhigh
LONG BBRY (BLACKBERRY)BLACKBERRY SO FAR THIS YEAR HAS BEEN NOTHING BUT HIGHER HIGHS AND COMING FROM A BOUNCE FROM THE HIGHER LOWS( SUPPORT) THIS WOULD BE THE PERFECT TIME TO BUY AND TRY TO CRACK THAT DOWN-TRENDING RESISTANCE LINE.
THIS COULD REALLY GO TO THE UPSIDE WHEN IT PASSES 10$ PER SHARE.
MY OPINION IS THAT THERE WAS A BREAKOUT AT 7.95 ($400K BUYER AT OPEN)
LONG AT 8.50
NEXT BREAKOUT WILL BE AROUND 10 HENCE ITS A ROUND NUMBER.