BB is a buy - decent upside3 signal system
1st signal - RSI signal oversold March 16ish (no surprise here)
2nd signal - MACD signals Buy March 23
3rd signal - EMA crossover Apr 23
Target 6.60
0R0P trade ideas
Lnog the $BB Train to 1st Stop $8.80My Targets for $BB ,1ST Target is Obviously $8.80 Next up is,well just look at the Chart .
got luv for the shorties can see a slight dip to the $5.71 area with a bounce up to continue upward trend
a close below $5.68 will continue the downward dip to $5.49
BB platooning its support levels with uptrend potentialif price crosses 6.30, high potential to reach 6.90 at 1st target, if the price gain uptrend breakouat the next target will be at 8$. Stop Loss at 5.08 for high tolerance and 6$ for low tolerance.
Ascending triangle on Blackberry Price on daily chart has been bearish since a turn in trend around january 2018 moving inside a channel to the downside. An ascending triangle formation and a rise of RSI above 50 could mean an advance towards the midline of the regression channel. I entered a long trade @ 3.90., current SL right below 100HMA @ 3.17
First target: 4.5 - SL will be moved to Breakeven
Second target: 5.30 with SL being moved right below midline around 4.30
Blackberry | BB | Bullish ?Id like to say, this could be a wonderful trade if stocks keep going on an uptrend. We could see some high profitable Risk-To-Reward
Blackberry | BB | BullishBullish on blackberry as their cyber security network will be used by government for COVID-19, also will be installed in over 150 million cars, as car markers are looking for better security
Making cars more secured - BBRemember the days when Blackberry was the in-thing amongst the executives in the meeting room? Gone are the days I see anyone in the subway or shopping mall carrying one. I believe they have somehow faded out of the smart phone industry.
I read somewhere they have stopped this business since 2016 and have paid their attention on security, software and the like. So, I am excited to hear that BB and Amazon (vested interest) are collaborating on automative cars security. Read here .
From chart, we can see that there is a gap awaiting to be filled up from 6.54 to 7.41 which is an opportunity if you get in now. If it can closed above 7.54 (resistance area) , then we can expect it to go higher towards 9.03.
weekly and daily bearish BB
Weekly
1- 2 years downtrend
2- BB was unabled to break the trend in the pass 2 weeks.
Daily
1- RSI/price Divergence in the last 4 weeks
2- Broke the support at 6.40$ support on good volume yesterday
target beetween 5.00$ and 5.75$
Blackberry on it's way up Blackberry have broken the channel and with the volume profile we can see we are at the point of control.
Broken channel and point of control states it is going up.
Trade at own risk
Blackberry (BB) Flag on DailyNice breakout after earnings, now a nice flag forming on daily with breakout spots at 6.54 and 6.64. $BB
BlackBerry: Wait for Pivot from ~$7.98 Before DecidingBlackBerry is probably one of the most disappointing stocks of the past 10 years - one that soared to 120+ and fell down below 7.00. Its nice to finally see BlackBerry change their business plan but this came at the expense of extreme bearish sentiment over the last decade.
With the first half-decent earnings report in a long time (a few days ago), BB finally popped a bit, however, I see a re-tracement to about $7.98 which it will likely bounce off this level (trend-line) and continue higher because there is not really any reason for it to plummet right now after decent earnings.
BlackBerry will have to post some impressive year over year numbers (consistently) in order to weed the shorts out and get to at-least the $20 level.
For those looking for an entry, wait to see a reaction off the near $7.98 pivot. If that level holds, it will serve as a good entry.
My Consensus: 'Neutral'; 'Buy' if $7.98 holds
Technicals: Cup formed pre-earnings; possible handle forming to $7.98 level then bullish continuation thereafter
- zSplit
Blackberry (BB) Call Option PlayThis didn't hang too long in the flag. Extremely high volume after earnings, has room till 6.75ish on daily chart before it hits resistance area. Entered 12/27 6.50 calls at the 6.45 break. It gave another opportunity on the pullback confirmation. We'll see how it goes, but a gap and squeeze seems possible.
BB - DAILY CHART Hi, today we are going to talk about BlackBerry and its current landscape.
BlackBerry is poised to receive increasing attention from the market as relevant events are taking place. The company reported better than expected EPS for its third quarter but missed its quarterly sales, unveiling a result of $267 million against the $275 million expected. BlackBerry is slowing rebounding, issuing sequential growth in revenue, maintaining its free cash flow, which allows the company to keep on at a healthy pace on its advance.
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$BB Blackberry channel Trade setupEntry level $6.60 = Target price $7.34 = Stop loss $6.29
The stock got a massive boost last week on a earnings surprise, possibly some re ratings could help move the stock higher in the remaining few days of 2019
Company profile
BlackBerry Ltd. engages in the provision of enterprise software and services, which focuses on securing and managing Internet of Things endpoints. It offers a platform comprised of communication and collaboration software and safety-certified embedded solutions. The company was founded by Michael Lazaridis, James Laurence Balsillie, and Douglas E. Fregin on March 7, 1984 and is headquartered in Waterloo, Canada.
BB Anotehr Big Move?Expecting another big move from BB this earnings....
PoS probably tanks again, lol.
Bearish Speculation-Undervalued (Long)Index - P/E 158.18 EPS (ttm) 0.03 Insider Own 11.20% Shs Outstand 558.46M Perf Week 2.76%
Market Cap 2.92B Forward P/E 37.29 EPS next Y 0.14 Insider Trans - Shs Float 541.78M Perf Month -4.22%
Income 31.00M PEG - EPS next Q 0.02 Inst Own 56.60% Short Float 3.65% Perf Quarter -28.88%
Sales 972.00M P/S 3.00 EPS this Y -82.60% Inst Trans -0.03% Short Ratio 3.79 Perf Half Y -43.81%
Book/sh 4.64 P/B 1.12 EPS next Y 185.71% ROA 0.80% Target Price 7.60 Perf Year -40.88%
Cash/sh 1.52 P/C 3.43 EPS next 5Y -2.30% ROE 1.20% 52W Range 4.86 - 10.29 Perf YTD -26.58%
Dividend - P/FCF 171.48 EPS past 5Y 15.00% ROI 2.30% 52W High -49.27% Beta 1.73
Dividend % - Quick Ratio - Sales past 5Y -33.20% Gross Margin 75.10% ]52W Low 7.41% /b ATR 0.22
Employees 3945 Current Ratio 2.30 Sales Q/Q 16.20% Oper. Margin 0.70% RSI (14) 41.58 Volatility 2.76% 3.51%
Optionable Yes Debt/Eq 0.24 EPS Q/Q -199.50% Profit Margin 3.20% Rel Volume 0.68 Prev Close 5.17
Shortable Yes LT Debt/Eq 0.24 Earnings Sep 24 BMO Payout 0.00% Avg Volume 5.21M Price 5.22
Recom 2.90 SMA20 1.48% SMA50 -16.46% SMA200 -32.98% Volume 3,547,224 Change 0.97%
