BlackBerry 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...
Why do we hold BlackBerry to a higher standard when it comes to their Financial performance? Today was BlackBerry's earnings report and what were the takeaways? - The first thing that stood out: BlackBerry will not be diluting shares. John Chen stated that there is no reason for this. - Positive cash flow - Revenue estimates were missed, but BlackBerry is not...
XRP is the digital asset and RTXP is the protocol/network that allows financial institutions to settle transactions in a matter of seconds. Imagine a future where your million dollar deal(s) with your business partner(s) could get settled in a matter of seconds, given that your business partner(s) have the liquidity that they claim. That is because Ripple protocol...
BlackBerry. BlackBerry is a company that has all the odds stacked against it. Hedge funds, analysts, triple letter Government entities (looking at you SEC) and shorts. Specially analysts and financial social media outlets seem to have some sort agenda against pushing positive BlackBerry articles. BlackBerry social media has been very active and this is being...
As you can see in the chart $BB 50 MA and 200 MA are about to meet at the famous 'Golden Cross'. Also it seems we might breakout out of the 11.15 resistance, denoted by the blue trend line. Looking very bullish, if market conditions hold.
Expanding on my previous idea. It seems $BB is doing a steady reversal (light yellow area), if market conditions hold. $BB found bottom at $8.96 during the last two week's red bath. Heavy resistance at $10.50, denoted by the magenta trend line. For a successful reversal we should be breaking through that resistance and holding. I also want to note that the $8.96...
Seems like for the past few weeks we have been in a downtrend after the WSB pump. We might be looking at a reversal in the yellow square area. We should be testing the 10.50 resistance, breaking and holding for the reversal to be successful. Please be aware this is my first TA chart of this nature. I am learning as I go and I could make mistakes. *Please note,...