BlackBerry (BB)BlackBerry seems poised for solid advances in this fiscal quarter. In our view earning per share will be 0.05 USD, with revenue of 250 million. The company posted February-quarter earnings of 0.03 USD a share, yet sales fell 26% year over year, and 4% sequentially. Cash position is safe: the company ended last fiscal year with $739 million in cash on hand and $720 million in 5-year convertible debentures.
BB trade ideas
Blackberry BB has a ways to go finishing Wave CNYSE:BB
Blackberry will continue it's down trend for the remainder of the week. Expect sentiment to be bullish before Earnings with a swift reversal because even if it's good news, it's bad. (Right, shorties?)
We are in WaveC of a correction formed from a 5-wave impulse. Wave3 formed on Friday (06/18). Expect Tuesday to continue/end Wave3. Wave4 forms end of Wednesday or early Thursday for crash after announcement.
$10.50 by close Friday
Still bullish overall, just not this week.
BLACK BERRY - BUY - SILVER BACKS - Incoming ^Well as many have seen lately these reddit stocks such as GME, AMC continue to surprise institutional investors
Reddit traders and people all round the world seem to have discovered a loop hole in the financial system
if it makes money, I'm in too seen the performance of these WSB stocks short squeezes and was amazed the moment it began to rise
BB
Expect to see many other reddit stocks behave unfamiliar, I'm buying into ( blackberry ) very soon you will see.
Black Berry continues to make enterprise grade mobile devices much like the infamous bb curve from May 3, 2007
BlackBerry provides enterprises and governments with the software and services they need to secure the Internet of Things.
BlackBerry has transformed itself from a smartphone company into a security software and services company.
NYSE:BB
TSX:BB
CAPITALCOM:BB
BCBA:BB
FTX:BBUSD
SWB:RI1
SIX:BB
FWB:RI1
BITTREX:BBBTC
FTX:BB0625
SWB:RI1
NYSE:AMC
CAPITALCOM:AMC
BMV:AMC
NYSE:GME
CAPITALCOM:GME
BMV:GME
FWB:GS2C
FTX:GMEUSD
Blackberry made 5 GREAT DEALS in 2021When a falling wedge pattern is spotted in a downtrend on a chart, it signifies a reversal in the existing uptrend. It is formed when the price of the security makes lower highs and lower lows in comparison to the previous price movements in the given time period. This pattern is usually followed by a reversal in the downtrend to the upside.
In additional BB has made (4) Partnerships with Amazon, Zoom Telecommunications, Onward Mobility and Huawei and (1) Government Contract with Nasa Aerospace for the Jarvis critical software supply chains in the cyber security space!
THIS IS BIGGER THAN AMC AND GME COMBINE. While everyone focuses on meme stocks, Blackberry is making HUGE moves in the cybersecurity market and retail traders are gonna wish they didn't board AMC and GME movement!~
BB Harmonics: Let's RideOkay. This was a difficult one to key out, with several reversal price levels. Each reversal price level that is still left is on this chart. We have a gartley pattern reversal at the red line, which is where the amateurs will tell you that price is reversing; however, this will be a fake out, running a dollar or two before failing and heading down again. The next reversal area comes at the gap-fill, where price should extend slightly further than the gap before reversing for a good 0.382 or 0.618 retracement. This reversal, yet again, should not hold. Price will finally head down to 5-6 dollars, where a long-term price reversal will occur. The fractal price levels converge in this prz as well, adding strength to the veracity of this being the reversal price. Good luck, trade safely, and let's make money at the REAL reversal zone!
BB Breakout - Going SouthBB has dropped below a crucial level of support.
Watch this stock for continuation, puts could pay large here
Here are the levels we are looking at:
Stop loss: 13.38
1st Target: 12.85
2nd Target: 11.60
BB is very volatile and one of the top trending tickers on WSB so be cautious.
Black Berry - BullishBlack Berry CMP - $15.04
Looking bullish in higher time frame. However, retracement going on at the moment. One can go for Short / Long Term Trade Setup with the following entry, exit & targets.
Buy Range at $11 - $11.55 / Stop Loss $8.40
Target 1 - $17.50
Target 1 - $22.00
Target 1 - $28.00
Disclaimer: This is my view and for educational purpose only.