Blackberry consolidating after revival

29 בינו׳ 2018

BB Has long been underground after failing to capture the hardware market. After switching their focus to software and being a contending in the driver less car market, they have made a huge comeback.



It ran into quite some Resistance at $15.7 cad (canadian chart, US is similar, simply extrapolate) and broke through with great force and is now consolidating onto old resistance turned support from a falling wedge pattern.
Defensively keeping an eye on this one, id potentially be a buyer at $15.7 levels. Look for signs of long term continuation of this bullish trend that the US stock market has been following.

10 במרץ 2018

הערה

well, this could have been a decent trade. but setting stop too tight was a terribly noob mistake. looking for another entry point from here.