Long
$BBRY possible flush into trendline resistance
$BBRY seems to have set a low back in December 9th, 2013 and has been making higher lows and higher highs since. Last week we had a big shooting star candlestick with this weeks price action closed under the previous low, which means we may have a flush next week or so. I'm watching for a retest of trendline support in the mid $9's and a possible continuation back to the top of the trading channel around $13.50's. This looks like a pretty nice risk reward set up
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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.