BB trade ideas
$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
Add BB at 14 if I am allowed (so far NO), selling covered calls BB is a real company with no short squeeze issue and being banned to trade for a week perhaps even longer says a lot about this "cancel culture" for the powered class. At whims. and 2 different rule books.
However, as a little guy, I am delighted the situation created a great opportunity for weekly income. Sold ATM 15 BB call at $3 last week in bank acts (not RH, TOS, or TW obviously).
Week one: stock at 14 - premium colleted $3 = cost base 11
Week two: stock at 14 - premium collected $3 = cost based 11 - 3 = 8
Although it is likely the premium may be less in a few weeks but I believe it will be elevated for weeks to come.
A similar strategy can be applied to NOK at 4.6. For a low-priced stock with extreme high IVs, sell a COVERED call, is a godsend.
Safe trading and be kind to each other.
Possible Buy the Dip - Decreasing Volume and Decreasing PriceWhile i'm unsure where I want to enter, I want to note that BB for the past two days has decreased in price while decreasing in volume. This could be a great zone to buy the dip. Personally I'm looking for a volume shelf to form possibly near 12.5.
Fundamentally people are just realizing that BB is a software company these days, occupying key niches of the market.
BB TSX Long HOLD [symbol="TSX:BB"]TSX:BB[/symbol] Attention!!!!Dear Investors,
I have been looking into this stock for last 2 years. My Fin Model suggests that this stock reached it's bottom. However, the stock price at the moment doesn't reflect true intrinsic value of this particular stock TSX:BB .
The Company proved to be sustainable in the future.The cyclical transition that the management of the company has achieved is worth to notice. The company has been able to restructure it's operations and get rid of unprofitable operations. The cybersecurity industry growth creates more opportunities for Blackberry, Partnership with Onward mobility will create more a favourable impact on the future.
Taking in to consideration that company is undervalued at the moment, I'm ALL IN
Thanks