BB
$WKHS | Workhorse: Bullish Falling Wedge [Update 1]$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.
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