Blackberry Ltd Daily (12.08.2014) Climbing The Ridge of KUMO
The Blackberry Ltd (BBRY) Daily Diagram Technical Analysis Training shows the following:
The (BBRY) turn its' trend to bullish slowly reacting from EMA 200 and KUMO Span A. Now it is climbing the ridge of KUMO exactly on SPAN A support.
The correction has stopped at 0.382 of fib and now is above the 0.5 of fib for 0.618 @ 9.89
After Friday's bullish engulfing I expect BBRY to reach the Kijun Sen breaching the Tenkan Sen today.
Long for it . Stop loss under KUMO.
The (BBRY) turn its' trend to bullish slowly reacting from EMA 200 and KUMO Span A. Now it is climbing the ridge of KUMO exactly on SPAN A support.
The correction has stopped at 0.382 of fib and now is above the 0.5 of fib for 0.618 @ 9.89
After Friday's bullish engulfing I expect BBRY to reach the Kijun Sen breaching the Tenkan Sen today.
Long for it . Stop loss under KUMO.
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