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Blackberry

BlackBerry Will Be The Next BlockBuster. NYSE:BB *THIS IS NOT FINANCIAL ADVICE, JUST VOICING MY OPINION* BlackBerry was once known as one of the most prominent smartphone brands in the world until NASDAQ:AAPL changed the world of smartphones/tablets by introducing the iOS platform. It didn't take too long until the number of BlackBerry users fell from a high of 79 million users in 2013 to 11 million users by 2017. BlackBerry now provides security software & services for big companies and has certainly made some notable acquisitions since this reinvention. Though this change could potentially net BlackBerry some impressive gains in the future, we still have to address BlackBerry's situation as of now. And also just assuming that BlackBerry will thrive with this new path they're taking is purely just making loose guesses and no analysis. Though it has been quite a ride this year for BlackBerry as far as price action goes. I believe we're becoming blind to the fundamentals behind this company. All that chose to ignore these early signs of a massive downfall and continuously chase quick profits with meme traders will lose all their money and very fast. On January 27, 2021, we saw BlackBerry reach an intraday high of 28.74, which was solely caused by Reddit traders pushing the stock's valuation to a multi-year high. It's also important to note that prior to this surge in price, Analyst Paul Treiber had stated that recent filings showed four BlackBerry insiders sold a total of 170,000 shares since December at an avg. share-price of $12/share. BlackBerry's Chief Financial Officer, Steve Rai sold roughly 33,000 shares ($428,731 trade value), his entire position in the company on January 21. Chief Marketing Officer, Mark Wilson, sold 78,500 shares ($991,455 trade value) & Billy Ho who leads a division within BlackBerry also sold $259,000 of shares for a combined worth of $1.7 million worth of BlackBerry stock sold by executives within the company. Of course, it's never clear as to why executives/insiders close their positions, it does lead me to question the future potential of this company if executives are getting out. It also does not speak too highly at all of their confidence in the company. On June 3, 2021, after falling as low as 73% from January's high, we see BlackBerry jump to 20.17, again, this was fueled by Reddit traders pushing the stock's valuation. No changes to the business. No fundamental reasons. Though none of us can predict a security's future movements, I do not see BlackBerry turning out to be an upside play no time soon. Just as I mentioned before in my previous idea. BlackBerry is extremely overpriced at its current levels, and the correction shall continue. PT: 8.26
NYSE:BBShort
by joshuacobb
Two Trade Ideas - Both BullishSo while I was backtesting a handful of new indicators I came across this chart and couldn't pass up the opportunity to share with all of you. I went ahead and labeled everything in the picture and at this point in time we are in the perfect buy zone for either scenario. If stop loss is set under support at the 76.4 fib level then you are looking at about a 6-1 R/R. By the way, I know BB is a name that most of us haven't heard of since our childhood, but this company has now actually shifted their focus to working on and producing AI technology. Just as a reminder, I'm in no way qualified to be a financial advisor and I have absolutely no idea what I'm talking about. Happy trading!
NYSE:BBLong
by Trump4FxPresident
BLACK BERRY - BUY - SILVER BACKS - Incoming ^Well as many have seen lately these reddit stocks such as GME, AMC continue to surprise institutional investors Reddit traders and people all round the world seem to have discovered a loop hole in the financial system if it makes money, I'm in too seen the performance of these WSB stocks short squeezes and was amazed the moment it began to rise BB Expect to see many other reddit stocks behave unfamiliar, I'm buying into ( blackberry ) very soon you will see. Black Berry continues to make enterprise grade mobile devices much like the infamous bb curve from May 3, 2007 BlackBerry provides enterprises and governments with the software and services they need to secure the Internet of Things. BlackBerry has transformed itself from a smartphone company into a security software and services company. NYSE:BB TSX:BB CAPITALCOM:BB BCBA:BB FTX:BBUSD SWB:RI1 SIX:BB FWB:RI1 BITTREX:BBBTC FTX:BB0625 SWB:RI1 NYSE:AMC CAPITALCOM:AMC BMV:AMC NYSE:GME CAPITALCOM:GME BMV:GME FWB:GS2C FTX:GMEUSD
NYSE:BBLong
by MaverickTrading
1
Trade Idea💡: Ticker (BB) Black Berry 🚀Ticker: (BB) Black Berry : Eyes on BB Above 16.25 with volume . ✅As you can see here we have formed a bullish pennant on the 1 hour backed with strong volume . The red spinning top at supply closed with over 144 million volume . After a healthy retracement to the downside, we were able to find support just below the 9MA (blue curve) where we formed an engulfing bullish pinbar . ✅We also have a double doji inside holding the 9MA (Circled Angle). This tells me that a big move to the upside or downside is approaching. Based upon the previous trend and unusal order flow. I am anticipating a strong impulse to the upside in the near future. ✔️Confirmation: I would like to see BB gain strong volume above 16.25 for an upside move to 18. 🎯Anticipated Targets & Stop loss: Target 1: 16.25 Target 2: 16.50 Target 3: 17.00 - 18.00 Stop Loss: 15.75 🤝Contracts: High Risk- 17.5 BB 06/04 EXP Low Risk - 15 BB 06/11/21 EXP
NYSE:BBLong
by KingJerryB
1
Ticker: (BB) Black Berry - Swing Trade Idea: June 3, 2020 🚀Ticker: (BB) Black Berry : Eyes on BB Above 16.25 with volume. ✅As you can see here we have formed a bullish pennant on the 1 hour backed with strong volume. The red spinning top at supply closed with over 144 million volume. After a healthy retracement to the downside, we were able to find support just below the 9MA (blue curve) where we formed an engulfing bullish pinbar. ✅We also have a double doji inside holding the 9MA (Circled Angle). This tells me that a big move to the upside or downside is approaching. Based upon the previous trend and unusal order flow. I am anticipating a strong impulse to the upside in the near future. ✔️Confirmation: I would like to see BB gain strong volume above 16.25 for an upside move to 18. 🎯Anticipated Targets & Stop loss: Target 1: 16.25 Target 2: 16.50 Target 3: 17.00 - 18.00 Stop Loss: 15.75 🤝Contracts: High Risk- 17.5 BB 06/04 EXP Low Risk - 15 BB 06/11/21 EXP
NYSE:BBLong
by KingJerryB
$BB squeeze is starting now $nasdaq #blackberry $BB is the next boom from short covering that it has already started today !RocketFireSmiling face with sunglasses like $AMC $GME before 3 days. The $BB #blackberry has #short interest ratio (days to cover ) 3,8 just now ! It is amazing what price will reach BB blackberry , $20 surely The history is repeating ,like previous time after huge soaring and short covering of $AMC and $GME the next is $BB . The start of soaring was started today for $BB . It has 3,8 days to cover from short covering if the short covering start just now! BlackBerry has long-term growth potential with its endpoint security and embedded solutions. It has products to tap the 5G and electric and autonomous vehicle (EV/AV) revolution.The biggest challenge for BlackBerry is to beat the competition and gain market share
NYSE:BBLong
by Hephaestus_Trading_Desk
$BB - THE turnaround storyBlackBerry BlackBerry once upon a time sitting atop of the mobile phone world, brought down because they believed that if a sacrifice was to be made; it was NOT going to be security. Fast forward 8 years after their exit from the mobile phone market. BlackBerry once again is putting its bets on security. What is different this time? The world has been witness of what a secure-less, privacy-less world looks like. Year over year, the denizens of the internet have been witness of how countless companies have failed to keep their personal data secured. Data that was entrusted, the problem was we never asked how they were going to keep this data secured. BlackBerry has taken to task to create highly resilient layers of security and secure the data whether in transit or at rest. BlackBerry is SECURITY. Chart We may be looking at a cup and handle formation if the BlackBerry stock keeps its upwards momentum. This is highly speculative. My reason is we failed to break $9.50 resistance almost a month ago. Went into lower levels to consolidate and we have had good participation from buyers in the $8 and below. In what looks like a break from the downtrend of the past 5 months, we have had some bullish upward momentum. I suspect that this momentum will culminate with retesting that $9.50 resistance pull back to form the handle on the cup and then break out to double digits. The pending patent sale announcement could be the trigger. Again highly speculative. NOT trading advice.
NYSE:BBLong
by dubhan
BlackBerry Accumulation ZoneWith their security efforts being a long-term play BB will likely consolidate in the $1-$18 region for quite a while. Their partnerships with companies such as Amazon / AWS are quite impressive and show how resilient the company is. Ideally the best long would be at a clean break of $18, especially considering the consolidation range would let this bleed down quite low. If you really believe in it accumulating in this zone isn't the worst idea but it's better to play it safe and buy-in higher once the company gains some traction.
NYSE:BB
by sachu_blessyou