Summary of all (BlackBerry) Fundamentals Concluding A Breakout(Before moving into this trade; note it may take some time for this stock to breakout.)
Welcome fellow investors. Today's topic is on an assessment I've made revolving over BB. I would consider buying in around 12 - 12.50 and holding for a long period as this is considered an undervalued stock as I have explained down below. While the weekend floods in, BB will and has been moving in between the 12 to 14 dollar amount holding a consolidation during the last three weeks and breakout in the coming weeks. The company, Black Berry, is currently a software multinational specializing in cloud communication; a complete shift away from previous smartphones development. One of BB's significant partner's would introduce it's resilience through the partnership of Amazon's web services bringing to market an intelligence in the vehicle data field of AI. This has contribution towards smart and autonomous electric vehicles being developed. As further electric automotive companies are brought to light coming the year of 2021, they will likely partner with BlackBerry keeping the stock in a bullish direction. The idea would be to hold BB for a long period; in my eyes this is a winner!
Fundamental Important Information
• Partnership with IBM (just announced today Feb 12th)
• Amazon AWS and BlackBerry Partner for New Intelligent Vehicle Data Platform. Webinar later this month.
• BlackBerry QNX used in Motional Driverless Platform (Hyundai, Aptiv)
• Facebook settlement to be announced soon
• Partner with Baidu to work on a New Autonomous Driving Technology
• Achieved National Security Agency (NSA) Approval for BlackBerry UEM
• Sold 90 key smartphone patents to Huawei
• Received Eleven "Employer of Choice" and "Best Place to Work" Awards
0R0P trade ideas
THE NEW BLACKBERRY AND THE NEXT BULL RUN?This is my first published chart and feedback is welcome.
Blackberry $BB is a Canadian company that has transitioned in the last few years under John Chen to become an Internet of Things, Automotive, and Security company and away from a phone company. Blackberry does retain patents and the name of the phone. The stock had a milestone of new highs in 2021 under Chen's leadership. There was also a bubble break erasing over half of its all time high. It is speculation to say why this definitively happened. It was coordinated oddly with speculators particularly in the WallStreet Bets Community that generated a great deal of purchases on Robinhood in particular in the so called memestock. These investors/speculators seemed driven in part by nostalgia began investing in companies from the 90s which Blackberry was iconic. As indicated on the chart a bull run that began in November of 2020 by far blew past long term short positions and costing untold millions to hedge funds and speculators that had to cover their short positions in Blackberry which appears to have negatively kept Blackberry stock prices artificially deflated for years. Regardless of the recent bubble burst there is a valid question has Blackberry under Chen become the next sleeping giant in the IT and automotive sector. A sector that will continuously grow as leaders in the USA, Europe, and China pressure auto makers to move towards clean energy vehicles. Those that like strong company leadership might rightly conclude that Chen has turned Blackberry into a leader in the emerging smart car and smart device market while retaining the iconic name and securing partnerships with companies like Amazon in the USA and Baidu in China.
Many bearish analysis appear to have deemed Blackberry a defunct phone company and are either unaware or purposefully ignoring the transition under Chen. Blackberry along with new partners like Amazon and Baidu are creating new partnerships to create autonomous and secured vehicles based off of Blackberry's patented QNX operating system and other patents. Possible investors, day traders, and speculators may be attracted to possible bullish runs to return to January's all time highs and beyond given Blackberry's transition to a new company. This is not financial advice and you should do your own due diligence and never invest more than you can afford to reasonably lose.
It appears that Blackberry after a period of consolidation is attempting another bull run. Levels of interest and commentary is on the chart.
Thank you for your time and hope this helps you consider Blackberry.
$BB $BB.CA - The Blackberry is now ripe for the harvest- My Jan.25 prediction was very precise.
- Going to be buying a large position here, this company is a winner, extremely undervalued tech and now the FOMOers have left.
- Baidu partnership, I think Baidu is the future king of tech.
- Canadian company, good to diversify globally, will probably buy the canadian ticker, to take advantage of rising CAD
- BB's new product suite is incredible. Very bullish
- Unbelievably undervalued
Short-Mid term PT: 30
Blackberry Dec option call that payed out:)why did i place this call??
well BB sold 90 patients to the chines cell phone company, when doing so i figured they are on full steam ahead for cyber security.
the was the plan... RH traders i guess hoped on the wave and boosted the stock up like crazy :) obviously in my favour so i was down for the fun LOL
4X return baby
thank you god
$BB still my baby Bought a 15c 1/21/2022 on 1/15, literally the day before it yeeted. Enjoyed buying calls the same time PLTR got yeeted and enjoyed selling far ootm calls on Wednesday or Thursday to hedge.
Not gonna go too deep with the DD, undervalued, previously flip phone hardware company going turned software with their tech in most EVs.
You can see the spikes in volume with the corresponding spike in prices, nearly breaking $30 at one point. Loving this fire sale, shares are cheap and IV is on the way down. Planning to buy more leaps and shares once BB gets near my trendline.
Went tits up, made a fat middle finger, f u, desired entry is above $9 and below $11. Waiting for a bottom or reversal.
Blackberry Higher Time Frame Analysis
Hello everyone:
Seems like BB, together with other stocks are the talk of the town these days, so I thought I will provide my price action outlook on it from a long term perspective
We can see price was right back to the all time lows of around $3, formed a HTF double bottoms.
Price did move down to the lows within that descending channel reversal correction, which is a good sign for the price to get into a bullish momentum when correction completes.
We then see a strong break to the upside, and potential breaking out of the previous swing highs. This can be the start of the next HTF bullish run.
To confirm the further upside potential, look for LTF continuation correction for the buys.
thank you