BB trade ideas
BB +40% breakout!I don't know what happened with BB overnight if anyone can fill me in. But either way, Blackberry just had a +40% breakout! Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Small incremental steps work : If you double a penny for a month it = $5,368,709. Good luck and happy trading friends...
*3x lucky 7s of trading 101*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue & Earnings
Debt / Cash
Book value, assets
7 Common mistakes:
+5% portfolio trades, risk management
Beware of analysts motives
Emotions & Opinions
FOMO : bad timing
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
www.tradingview.com
www.tradingview.com
New life into an old nameBB is one of the few beginning "smart phones" that had some cutting edge features for its time. It has survived all this time, still in some sort of competition in the retail market, and good fundamentals. With Bezos and AMZN as a new partner, a new purpose may have been brought to life for BB.
BB - Gambling with Short Term CallsI think price either goes sideways or up, considering a massive pullback today.
I got two calls today, hoping to see a gain. I've had really bad luck in the options market, so I expect to lose.
7.68 12/4 is my break even price. I will update with my loss (or gains).
I bought these contracts when price was 7.15 after pullback.
BlackBerry (BB) Stock Soars on AWS Deal for Smart Vehicle DataAWS and BlackBerry Join Forces to Accelerate Innovation with New Intelligent Vehicle Data Platform
• BlackBerry IVY will help automakers create personalized driver and passenger experiences and improve operations of cloud-connected vehicles with new BlackBerry QNX and AWS technology
• AWS, AMZN, and BlackBerry Limited (NYSE: BB, TSX: BB), a worldwide leader in intelligent security software and services, announced a multi-year, global agreement to develop and market BlackBerry's Intelligent Vehicle Data Platform, IVY.
• BlackBerry IVY is a scalable, cloud-connected software platform that will allow automakers to provide a consistent and secure way to read vehicle sensor data, normalize it, and create actionable insights from that data both locally in the vehicle and in the cloud.
• Automakers can use this information to create responsive in-vehicle services that enhance driver and passenger experiences.
• BlackBerry IVY will solve data challenges by applying machine learning to that data to generate predictive insights and inferences, making it possible for automakers to offer in-vehicle experiences that are highly personalized and able to take action based on those insights.
• Automakers will gain greater visibility into vehicle data, control over who can access it, and edge computing capabilities to optimize how quickly and efficiently the data is processed.
• With BlackBerry IVY’s integrated capabilities, automakers will be able to deliver new features, functionality, and performance to customers over the lifetime of their cloud-connected vehicles, as well as unlock new revenue streams and business models built on vehicle data.
• BlackBerry IVY could leverage vehicle data to recognize driver behavior and hazardous conditions such as icy roads or heavy traffic and then recommend that a driver enable relevant vehicle safety features such as traction control, lane-keeping assist, or adaptive cruise control.
• BlackBerry IVY will enable automakers to compress the timeline to build, deploy, and monetize new in-vehicle applications and connected services across multiple vehicle brands and models.
• BlackBerry IVY will make it easier for automakers to collaborate with a wider pool of developers to accelerate creation of new offerings that deliver improved vehicle performance, reduced costs for maintenance and repairs, and added convenience.
finance.yahoo.com
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.
Last Call to Board the Blackberry (TSX: BB) BusTSX:BB
1). Blackberry has been in consolidation between $6 and $7 for almost 4 months since June 18, 2020.
2). Though September 24, 2020 positive quarterly report did not move the price up, it did not re-test the $6 low, and inched higher the next day. It is more looks like smart money is shaking the tree for the final time before start to move it higher.
3). MACD and KDJ are closing together and trending to crossover.
I am long Blackberry, and this is probably the last call to board the bus at this cheap price.