Big Breakout for Blackberry todayBlackberry gapped higher on the open today, clearing $12.00 for the first time in nearly three years. At the same time, it has broken out of a sideways channel and an ascending triangle, all signaling the start of a new uptrend. The channel measures toward $13.80 while the triangle measures toward $15.60.
BB trade ideas
Blackberry - To start opening long positionsIt has been accumulating for really long time and it looks good to great the long-term resistance.
To open long-term positions the closer it gets to $8.00
If it doesn't go to the bottom and it breaks $10/$11, wait for a pull back and volume confirmation for opening of positions.