BB Daily with StochRSI MACD SqueezePlaying hype on this. As much as I would love to see Blackberry make a comeback, I don't know if I see it happening. And I am a HUGE fan of the blackberry lineup but to play catchup at this point seems like an impossible hill to climb.
Here is what we are dealing with:
200MA curling every so slightly
StochRSI flat but if you look at just the RSI factor it is WAY over extended
MACD is sky high and not quite turning yet
Squeeze indicator shows a ton of momentum also
How to play:
I am going CALLS on this but I am watching volume. If we still see this as a hype play it's possible this goes on a bit of a run. It's also possible that we can't get the push initially that is needed and $AMC gets all the attention.
Great volume the last 6 days and that candle we ended with on Friday is HUGE and a great positive for the week.
Trade your plan.
