BlackBerry Limited
Long
Updated

Huge BB Triangle Target for $11

733
BB is setting up beautifully for a potential swing trade to $11. Target is taken by taking the height of the bullish run from the Amazon contract news.

Wait for confirmation above 7.50 and hold above $8 for a safer entry.

Stop Loss @ 6.86

Note
We're still consolidating inside the triangle. Good time to start laddering into your positions. Waiting for MACD reversal and break & hold above 7.50
Note
We nailed it! :) Great job for everyone who got in early . I'm still holding all my long term positions (I have $10 calls for Jan '21 , Jan '22 along with some shares)
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BB struggling to break 8.70 level of resistance.

Needs to hold the support at 8.10. Will be smart to take some profits once the break happens above $9 level

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