Something like that.I’m a little teapot
Short and stout
Here is my handle
(one hand on hip)
Here is my spout
(other arm out straight)
When I get all steamed up
Hear me shout
“Tip me over
and pour me out!”
(lean over toward spout)
I’m a clever teapot,
Yes it’s true
Here let me show you
What I can do
I can change my handle
And my spout
(switch arm positions)
Just tip me over and pour me out!
(lean over toward spout)
0R0P trade ideas
Does BB hold warnings for tech giants? BB invented the smart phone, and that concept really caught on. But it didn't reflect in the BB stock. BB was once very top of the game. But things changed.
One has to wonder if similar fates are in store for mega stocks like AAPL and MSFT.
While this seems crazy based on what we're used to seeing from these stocks, it also would have seemed crazy for BB at the time of the high. Look at the final spike out of the high. Scroll your chart so you can only see the last bull candle and the first bear candle, and ask yourself - would this not have looked exactly the same at the high?
MSFT:
AAPL:
Both of these have now made the moves I expected to see in big top in SPX.
I'm starting to think it's a lot more possible we might have big highs in now.
If we do what we should see is the sell-off continue for a while, a big bull trap and then upon the failure of the next rally to make a new high (Forming a head and shoulders, probably) we enter into a real bear market.
BB BlackBerry Limited Options Ahead of EarningsAnalyzing the options chain of BB BlackBerry Limited prior to the earnings report this week,
I would consider purchasing the 5usd strike price Call with
an expiration date of 2023-8-18,
for a premium of approximately $0.33.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
BlackBerry Ltd (BB), DailyBlackBerry Ltd (symbol ‘BB’) share price has made a remarkable gain of around 53% in the first 5 months of the year and is currently trading in a range at the time of this report. The company is expected to report its earnings for the fiscal quarter on Thursday 22nd of June. The consensus EPS for the quarter is $-0.06 compared to the result for the same quarter last year of $-0.06.
‘ Even though the company managed to recover some of its losses in 2023 it is still not profitable, recording negative earnings for at least the last 4 consecutive quarters. On the financial side the company’s current ratio is just above 100% (102% to be specific) meaning that currently it is able to cover its short term liabilities with the current assets in possession while the total assets outweigh the total liabilities at a ratio of around 2:1.’ said Antreas Themistokleous at Exness.
From the technical analysis perspective the price is currently trading above its moving averages with the 20 SMA acting as a support for the time being. The Stochastic oscillator is not indicating any overbought or oversold levels even though its on the move to the oversold side.
The 50 moving average is still trading above the 100 day moving average indicating that the bullish momentum is still valid while the Bollinger bands have contracted significantly giving reason to the sideway movement seen on the chart in the last month.
$BB Trend ReversalBlakeBerry Limited is showing a sloped inverse head and shoulder on the daily. Following earnings there was a high volume surge pushing the price higher, maybe selling those patents was a great idea after all... Anyway, this is currently a risky play to enter now as price action is below 200MA. Depending on this coming weeks stock performance I might jump in on some option calls. I do like that the price seems to have stabilized all week around $4.55. My entry would be around $4.35 with a stop loss at $4.15.
Trading BBTicker: BB
2023 Low: $3.31 (USD)
2023 High: $4.58
Current price: $4.37
The company recently reported nine new “design wins” in the automotive industry, and their QNX technology is now installed in more than 215 million vehicles worldwide, with Human Horizons deploying BlackBerry QNX technology for autonomous driving features in their HiPhi Z vehicle. Without a doubt, Blackberry has eyes firmly on innovation.
Trading BB requires a slightly deeper dive, but once you’ve identified and verified your source information, following Blackberry’s corporate reports and product releases is quite easy.
When making your fundamental analysis, consider comparing the automotive giants and their sales too. They are related, and a drop in auto volumes could affect the performance of Blackberry.
Sensitivity to sentiment is also an issue. Blackberry is a tech company at heart, and when the tech sector suffers, Blackberry gets dropped into that bearish basket.
When making technical analysis, consider using the Moving-Average Convergence/Divergence line (MACD). MACD will help you recognize trends and signal BB’s momentum.
The MACD line compares BB’s short-term and long-term momentum in order to estimate its future direction. Use the MACD to compare two moving averages at the same time. Set for any time period, but perhaps avoid using it for day trading. The 12-day and 26-day moving average are advised for BB.
BB | Great Opportunity to Enter | LONGBlackBerry Limited provides intelligent security software and services to enterprises and governments worldwide. The company operates through three segments: Cybersecurity, IoT, and Licensing and Other. The company offers BlackBerry Cyber Suite, which provides Cylance AI and machine learning-based cybersecurity solutions, including BlackBerry Protect, an EPP and available MTD solution; BlackBerry Optics, an EDR solution that provides visibility into and prevention of malicious activity; BlackBerry Guard, a managed detection and response solution; BlackBerry Gateway, an AI-empowered ZTNA solution; and BlackBerry Persona, a UEBA solution that provides authentication by validating user identity in real time. It also provides BlackBerry Spark Unified Endpoint Management Suite, such as BlackBerry UEM, a central software component of its secure communications platform; BlackBerry Dynamics that provides a development platform and secure container for mobile applications; BlackBerry AtHoc and BlackBerry Alert secure and networked critical event management solutions; and SecuSUITE for Government, a multi-OS voice and text messaging solution, as well as BBM Enterprise, an enterprise-grade secure instant messaging solution. In addition, the company offers BlackBerry QNX, which provides Neutrino operating system and BlackBerry QNX CAR platform, and other products; BlackBerry QNX, an embedded system solution; BlackBerry Jarvis, a cloud-based binary static application security testing platform; BlackBerry Certicom cryptography and management products, and BlackBerry Radar asset monitoring solution; and BlackBerry IVY, an intelligent vehicle data platform, as well as enterprise and cybersecurity consulting services. Further, it is involved in the patent licensing and legacy service access fees business. As of February 28, 2022, it owned approximately 38,000 worldwide patents and applications. BlackBerry Limited was incorporated in 1984 and is headquartered in Waterloo, Canada.
Let's see what happens next!At a current support zone right now. I can see a dump to the lower line first before a scalp-long plays out. Let us see.
Love it or hate it, hit that thumbs up and share your thoughts below!
Every day the charts provide new information. You have to adjust or get REKT.
Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect!
This is not financial advice. This is for educational purposes only.
BB Looking Bullish At Support!BB is currently at support and it looking to move higher. Stop loss should be set below the support box which is a clear invalidation. ES1 & S&P500 are currently looking bearish on the higher TFs but a quick pump can happen before the higher TFs play out.
Love it or hate it, hit that thumbs up and share your thoughts below!
Every day the charts provide new information. You have to adjust or get REKT.
Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect!
This is not financial advice. This is for educational purposes only.
$BB Gets a Solid BounceI just thought this bounce at the 382 was interesting. After the market flushed, $BB bounced hard off the bottom of the rising wedge pattern. Assuming we're not going to see more downside more broadly tomorrow, I'd expect $BB to start moving back up--at least to the middle of the wedge. Just shy of $5 perhaps?
$BB Goes to $4.50?In my previous chart on $BB, I wondered if BB would pick a true direction in the coming session and speculated it would be another trend downward. Looks like I was right. I see two possible paths from here: (1) BB walks down to about $4.40 and then starts to move back up slow and steady to the middle or top of the broadening channel; Or, (2) we see a precipitous drop to about $4.20 and form a *spring* that leads to a significant bounce. I'm fine with either. I like cheap $BB shares.