Potential of butterfly harmonic patternAB=0.78 XA BC= 0.68 AB CD=1.6 BC D point could be start of wave 3 to 140$Longby HarmonicPitchforksUpdated 5
BB - The little fruit that couldBlackBerry. BlackBerry is a company that has all the odds stacked against it. Hedge funds, analysts, triple letter Government entities (looking at you SEC) and shorts. Specially analysts and financial social media outlets seem to have some sort agenda against pushing positive BlackBerry articles. BlackBerry social media has been very active and this is being actively ignored by financial social media outlets. BlackBerry is fighting the greatest battle it has ever fought. What are we seeing? Volume, volume has been low during the past month. My thought is that LONGS are holding their positions tightly and have no reason to sell (this kills the crab). The volume we see is mainly shorts making a quick buck and what very little swing trades that can be had. Price has been moving from $13 to high $8s. Accumulation being done at prices lower than $10. MA-200 This week we are very close to making contact with MA200 line. I think we may touch the line by today's close. This worries me a bit because ER is next week and we could easily drop from given all of the odds that are stacked against $BB (see first paragraph). ER BlackBerry ER is next week. Depending on how good (hoping for this) or bad (very unlikely, but that is just my bias) it is we will see the price drop further down into the $8 realm possibly $7 dollar realm. We should have no issue recovering from this and any accumulation down there should be highly encouraged. Remember we have the odds stacked against, that is no longer an opinion, there is plenty of evidence. Final thoughts You can observe in the chart the story being told by the pitchfork and pitchfan. BlackBerry has an enormous upside potential, we are just facing some public sentiment battles that are being totally manufactured. BlackBerry fundamentals have not changed, John Chen has formed many alliances, everything points to a strong $BB future. We will eventually weather all these conditions. Longby dubhanUpdated 778
BB bigger Picture First of all i am not financial advisor. This is monthly chart of BB . where u can watch all the ups and down of BB happened recently . There is famous saying "Picture is better then thousand words"by NaveedCh5
BB Time For a Buy? Quite Possibly a Yes. March 19, 2021Hello BB enthusiast and investors, After several days of the Nasdaq tanking, BB has held it's own. Buyers keep stepping up and buying despite what had been overall net negative sales. Price currently seems to be holding on the low end of that low end of 11.06 support and currently is sitting at 11.07 on the one minute as of 11:50 on Friday March 19, 2021. Those that believe in the future of the new Blackberry may want to buy into this strength to a push up to 12.26 or see if a pullback to 19.90s for a long buy forward. Shorts will won't to keep the price deflated below 11.06 and if they fail to accomplish this then their should be positive forward upward momentum going into earnings. Daily RSI does indicate a "sell phase" and the price continues to rise. This may be shorts riding the trend up to switch short at the top of the price action. Fridays historically are a day many open bearish positions for Mondays. This may give long pause but proper sizing should mitigate long-sided risk.The overall upward trend seems to indicate a continuation in upward momentum. Blackberry needs to continue the trend and should not only reclaim 11.50s which is psychological support but push past it in the short term. Not financial advice, for entertainment and educational purposes only. Longby willisadair6
$BB - Stock Idea$BB is getting ready to retest the broken trendline then, go back to 19.52. Longby HHCWW334
BlackBerry - BUY THE DIP! IT'S TIME TO MOON This latest drop Is such an opportunity. This has massive moon potential from here. Let's Go! Longby trading_guru123456
The next Blackberry bounce, new long entry opportunity?Blackberry NYSE:BB has kept support in the 11-12 dollar range and is currently pre-market testing the prior support levels at 11.06 as of 8 AM on March 17. Short-term bullish longs may want to enter long for a bounce back to the 12.26 mark and keeping in mind that 11.06 is downward support. Note that the past two daily candles (March 15 & 16) were with a great deal of sell pressure which would both be short term investors/speculators exiting and bearish speculators shorting for a breakdown bellow 11 dollars. If buy pressure increases today then this would continue the week of predominantly bullish momentum. It would be a clear upward continuation signal. It is worth noting that bearish reversals have happened twice since the all time highs in late January. Over all direction is still bullish on the daily chart. Today (March 17) should be a retest of the 12.26 resistance level and should be a buy volume day to reverse the last two days of over all sell pressure. For entertainment and educational advice. Not financial advice. Longby willisadair7
BBBlackBerry (NYSE:BB) is a stock I wrote about recently as one to watch for a potential reversal as one that has been on my bottom scan. Friday that reversal came to fruition to the tune of an 10.75% gain for the stock. Momentum indicators are looking bullish, with MACD crossing abv the signal line and the RSI breaching 50 and presently lies at 54.76. Watch for continuation next week.Longby SmoothJBUpdated 5
retrace on this like GME didThe rest will follow the herd. It's just a matter of time before this returns to the 16$ regionLongby MysteriousPersian229
The new Blackberry Hello fellow Blackberry enthusiast. We've had two false breakouts with Blackberry and the question is this the third with the new Blackberry really a long term breakout back to all time highs under Chen or just a nice bounce. Time and market conditions will tell. The daily charts have had a wicked battle between longs and shorts that have supported the thesis that blackberry is comfortably trading in the 10-11 dollar range. Price action generally overnight and premarket tanks past any day gains and indicates that bullish sentiment is finding stiff resistance against bearish speculation. For bullish investors the Blackberry charts are slowly and positively moving back to test prior days highs. Currently the price is around 11.30 which as trend lines indicate is bullish sentiment in the short term and possibly long. Increasing speculation over the positive long term value of the stock including WSB has given both momentum to long and short speculation. Current trends continuing with several days above 11.06, then 12.26, and 13.07 would be a possible strong bull catalyst for a retest of all time highs. BB may simply be making higher highs and higher lows as it coils upward. Bearish speculators would likely want to short around these key levels to retest lows much as they did after uptrend 1 and 2. Fridays close should give a good guidance on possible direction in short and near term. Bullish long term price targets would be the yellow marked levels. MacD and RSI trends seem to be indicating a strong bullish scenario but it is corollary to the wider Nasdaq which has proven to be bearish for much of February and March. Long term targets could be as high a retest of the historic blackberry highs of 32.70, 68.64, and 125.07. It should be noted those prices are reflections of a dramatically different business model and may prove to be more conservative given the difference between the business models of the historic Blackberry before Chen and the new Blackberry after Chen. More bullish investors that believe the new Blackberry under Chen should be roughly equivalent peer to Crowdstrike CRWD at 196.88 or VMWARE at 147.32 at the time of this writing will have to prove it by increasing investment in the stock including short and long term bullish speculators and of course not only hitting but maintaining those price targets over extended periods. Volatility will increase as the price increases. Time will tell if the new Blackberry can re-capture Wallstreet investors and advisors higher price targets as it has Main street investors. Not investment advice. For entertainment and education purposes only.Longby willisadair117
BB - Reversal success - Golden CrossAs you can see in the chart $BB 50 MA and 200 MA are about to meet at the famous 'Golden Cross'. Also it seems we might breakout out of the 11.15 resistance, denoted by the blue trend line. Looking very bullish, if market conditions hold.Longby dubhan6
BlackBerry Above $11 = Bullish BreakoutBB could be a ripping soon! If we can just get up to $11. This is speculation not financial advice. Longby ChartProphet114
long term entry on BBthis is a future stock even if it goes south longterm its a money MOVEEEELongby dalzak332
BlackBerry - Clear to buy! Apes are rotating We'll start seeing massive rotation into BB from this point. GME and AMC topped out yesterday. Longby trading_guru12345115
$BB Technical AnalysisAn example of a head-and-shoulders bottom chart pattern can be expected on the graph. Follow price for a breakout on the neck.by Pixelindream1
Bb uptrend updateSince bb went hyper parabolic it’s come back down to reality and found support back in the channel. Bb still has huge potential moving forward. Longby derekh421
The MACD bar part is turning green with a positive divergencethe short-term target could be 17.5 or 20Longby HarmonicPitchforks2