Over the last year BBRY has been making steady gains higher from the low of $5.50. The volume has been mediocre recently. Near a support/resistance zone and the EMA's are sideways. The SMA's are sideways as well. Stochastics are sideways looking to give a sell signal, RSI is headed lower and MACD is looking to give a sell signal underneath the 0 line. BB are tightening. ADX is at 17 and headed lower just slightly. If there is confirmation this week, I'd be weary of taking the trade before the next earnings coming up soon.
If triggers, more bullish than bearish.
Trigger $11.71
Stop is $9.48
Target is $17.61
R:R 3:1
More importantly, has the government given up these phones yet? What's keeping them going?
If triggers, more bullish than bearish.
Trigger $11.71
Stop is $9.48
Target is $17.61
R:R 3:1
More importantly, has the government given up these phones yet? What's keeping them going?
