BB trade ideas
$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
$BB MASSIVE POTENTIAL - The Sleeping GiantA month ago I posted this exact chart and told you why BB has massive upside Potential.
In my opinion it's the best of all "meme stocks" fundamentally.
As expected we now broke my biggest resistance, and we can enjoy a run in the following day's if we not break down this under "resistance".
I believe that we could see crazy run from BB maybe even higher than the last run (like AMC).
Follow me if you don't want to miss out on opportunities like that.
$bb to $20 soon!$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 !
BB long ideaMeme stocks are back at it. With GME and AMC running, BB could catch some bids too. If $9.6 breaks convincingly, the most recent price history between that level and $12.3 is straight up. Easy to target with 3:1 R/R but watch for 4h close above 9.6. Weekly hidden bullish divergence maturing. First higher low o 4h in a long time after very deep retrace (lost over 70$ os the value top to bottom). If you zoom out you can see that the stock is still down over 90% from historical ath.
$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.
$BB Breaking the falling wedge to the upside
Blackberry is moving out of the falling wedge above the channel. Looks good on the daily - 4hr and 2hr looks like it is coming back to the wedge. If it can hold this for another green day, could be huge volume to support it.
Besides the memestock label that has befallen on this company, Blackberry carries a very positive outlook and bullish sentiment among value investors. Their financials are great with a low P/E ratio compared to it's peers. With a slew of govt contracts and high profile partnerships, this may be the ground floor.
Definitely one to keep your eyes on. A new bull run coming soon?
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.