BlackBerry still a Buy?On Dec. 1, Blackberry announced it had partnered with Amazon Web Services to develop and bring to market BlackBerry's Intelligent Vehicle Data Platform, IVY. Automakers will be able to use the software for the smart and autonomous electric vehicles being developed.
On Oct. 16, Blackberry announced it was partnering with Zoom. Zoom will be using Blackberry’s Blackberry Dynamics cybersecurity software in its mobile platform to protect companies from cyberattacks and data breaches. Blackberry Dynamics software also provides secure video conferencing, which Blackberry says will become more necessary as companies move away from in-person meetings.
Earlier this month, it was reported that Blackberry had sold 90 patents to Chinese telecommunications company Huawei. (Source: benzinga.com)
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BB
BB Daily with StochRSI MACD SqueezePlaying hype on this. As much as I would love to see Blackberry make a comeback, I don't know if I see it happening. And I am a HUGE fan of the blackberry lineup but to play catchup at this point seems like an impossible hill to climb.
Here is what we are dealing with:
200MA curling every so slightly
StochRSI flat but if you look at just the RSI factor it is WAY over extended
MACD is sky high and not quite turning yet
Squeeze indicator shows a ton of momentum also
How to play:
I am going CALLS on this but I am watching volume. If we still see this as a hype play it's possible this goes on a bit of a run. It's also possible that we can't get the push initially that is needed and $AMC gets all the attention.
Great volume the last 6 days and that candle we ended with on Friday is HUGE and a great positive for the week.
Trade your plan.
NOK 4.20: Lotto Stock of 5G at 1x Sale, A Laughable ValuationIs NOK dead? The stock sure looks like it (at 1x Sales). But wait, there is a sign of life!
Money flow and Momentum are positive, consolidating in a rectangle waiting for earnings on Feb 3 (?).
Could be a 10 stock? In a heartbeat in this raging bull market. Needs a catalyst though, so it's a waiting game.
Meanwhile, $4? People losing $4 a day on options and spec stocks. You could own a real company at $4.
BB 14 had doubled, NOW WHAT? Stay with the Horse!Stock overbought on RSI but other momentum indicators are still positive.
Low priced stock like BB, after waking up from a sustained coma, tends to run much higher than expected move (currently outside of 3ATR).
It's a real company in a market where fake companies can have billions of market cap, so why not Blackberry which has a long history telecom platform and data security technology that were so good it was used by all the leaders of the world.
CEO John Chen is not going to get paid big until stock above US 16 and 20. He is methodically working on it.
Another one also could run is Nokia NOK at $4.2. A real co with near 30% market share for 5G. I could not believe how cheap it is, 1x sales! in this 100x sales market for many companies with no cash flow or profit.
$WKHS | Workhorse: Bullish Falling Wedge [Update 1]$WKHS broke out of the bullish falling wedge that was shared in my previous idea.
Watch for continuation to the upside.
Initial Targets: $24.70 | $25.70
Let me know what you think in the comments and leave a like if you agree with my analysis! 👍🏽
See my previous $WKHS analysis here:
BB $7.5: Lotto Stock of the Year for EV PlaysBB or Blackberry has been in a coma for 5+ years and it showed some life this yr. It's a company with some depth in communication software yet does not know how to package it. EV comes to the rescue by them signing up many of the key players including AMZN.
Technically it looks great: a long base, volume picking up, Momentor indicators (MACD and STOCH/RSI) titled up.
An easy target is $9, ideal entry is 7 or 6.5 if pulls back. On a longer horizon, the sky is the limit.