BB trade ideas
Blackberry - To start opening long positionsIt has been accumulating for really long time and it looks good to great the long-term resistance.
To open long-term positions the closer it gets to $8.00
If it doesn't go to the bottom and it breaks $10/$11, wait for a pull back and volume confirmation for opening of positions.
BB Bearish engulfing candle patern, trend reversalBB may reverse if trend line is broken. Bearish engulfing candle shows a strong will for a down trend.
If BB breaks the bullish trend line, may close the June 17th gap.
Trading Support and Resistance -- Horizontal LinesReading the charts for price action, can it be this simple? Take trades at one level with stops on the other side and target to the opposite level.
