Short

BLACKBERRY LTD - WEEKLY - Potential Short Opportunity

The price has been trapped within this descending channel since Jan '18 and two weeks ago was rejected once again by the 50-day Moving Average (red line). This has triggered a potential sell signal towards 3.00 zone, stops around 6.00.

Always keep in mind it is a game of probabilities.

Follow us on Instagram: scv_trading

SCV_Trading

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.