$WKHS | Workhorse: Bullish Falling Wedge [Update 1]$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
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.
BlackBerry - the sleeper has awakened? Ok, so this one underwent major transformation from dealing hardware to becoming a fully cloud revenue business. Currently stats say that 90% recurring rev at around 60-70% margin on the products. Soo I think this is not getting the deserved attention as it should. Probably still hated from the dawn of the phone wars but it has just attempted to break-up the 2018 black downwards trendline. Currently still in a descending channel, but I see next stop at min $6.50 from here.
I will draw some lines to estimate moves next.
Blackberry Spiked, Still $6.25+ LongI still think at this price point, Blackberry have been oversold. I am expecting at least some more continued support levels. That being said, everything I say is on an opinion based basis. Please proceed with caution and invest at your own risk. Do your own due diligence.
Lumber. Bollinger Bands analysisVery similar pattern of July 16th with August 17th.
Green candle gapped out of top Bollinger Band , and continued to move higher for 2 weeks.
Selling my position by friday 28th, and/or if the Low-Bollinger-Band starts to trend higher
Bitcoin update 08.09.2020I'm not a financial advisor, Don't buy or sell bass on what I'm saying... I do own some Bitcoin and I think it has a great future, this future may or may not be that great so PLEASE DO YOUR OWN HOMEWORK. THIS POST IS JUST FOR INFO ONLY...
I'm happy to see that Bitcoin is going up now... It was testing some support lines in blue-green... and at the same time it was under my indicator that is in the yellow and if you want to get it, just look for the name "Hello VWAP"... But this is just on the 1H chart... Let's see out on the 4H chart...
I like how the MACD is crossing over soon, and the volume is above the 200 average... With all that it's a big move to the upside, I'm thinking there is more like this to come over the next little bit...
Now, this is the 12H chart, just like the 4H the MACD is looking good... But the cross is going to not happen for the next couple of days at least, but that is cool with me, I hope it doesn't make a big move to the upside too fast... I don't want to see it outside of the Bollinger Bands on the upside... Do you?
Now out to the 1D chart, my gut is telling me that we are going to see a pullback soon... Just look at the MACD, it has been slowing down for the last week or so... But that being said, today may be a point where it will move up and hit the $12800 USD zone... Then I hope it's a fast move up to the zone that starts at $13500 USD ends at $1400 USD...
Please let me know what you think about this or my indicator...
Thanks for reading...
Ready for the Next Positive Wedge? $BBRight now looking at the volume, I think Blackberry is expected to garnish some more major support levels as well as higher pivot points. Overall, given previous charting correlations, I would go long on this saying it is getting close to the next positive wedge. I think Blackberry has a chance here in the red to start becoming a bit more lucrative. That being said, everything I say is on an opinion based basis. Do your own due diligence and invest at your own risk. Please proceed with caution on all trades you make.