RE: BBRY selling at a discount to Q Not just RSI,
daily FSTO and SSTO had been pushed and held to the extreme oversold zone( under 18%) , ever since 6 trading sessions ago, only the second time occured in 3 months Last time was in the end FEB and early MAR, SP jumped right after the 6th session ended.
If there will be a sell off, it should had already come at the beginning of the 6-series not the end, since the psychological balance between the sellers and buyers has already switched. Without the help of the long buyers selling, bad news, scandal case, etc, a huge sell off with no hard evidence just only dominated by the sellers would be really difficult to direct.
Some real panic reason is a must, before a nice sell off that 'everybody' is waiting to see.
IMO, now it's the excellence time to buy at this level even for the short term 'Long's.