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BlackBerry Ltd T.BB

Alternate Symbol(s):  BB

BlackBerry Limited is a Canada-based company, which provides intelligent security software and services to enterprises and governments worldwide. The Company leverages artificial intelligence (AI) and machine learning to deliver solutions in the areas of cybersecurity, safety, and data privacy and specializes in the areas of endpoint management, endpoint security, encryption, and embedded systems. It operates in three segments: Cybersecurity, IoT, and Licensing and Other. Cybersecurity consists of BlackBerry UEM and Cylance cybersecurity solutions (collectively, BlackBerry Spark), BlackBerry AtHo, and BlackBerry SecuSUITE. The Company’s endpoint management platform includes BlackBerry UEM, BlackBerry Dynamics, and BlackBerry Workspaces solutions. The IoT consists of BlackBerry QNX, BlackBerry Certicom, BlackBerry Radar, BlackBerry IVY and other Internet of things (IoT) applications. Licensing and Other consists of the Company’s intellectual property arrangements and settlement award.


TSX:BB - Post by User

Comment by Pesyk1on Dec 11, 2024 3:36pm
112 Views
Post# 36357380

RE:BB - bull flag #2

RE:BB - bull flag #2Beautiful bull flag forming for the second time on a three month chart  .  Look for lower lows and lower highs for the next day or two possibly, then we should see a significant breakout after .  Technical trading is determined by trading behaviors and volume .  When a stock goes down slightly as BB has ,with heavy volume as we see here , this indicates a very bullish trend . Look for serious resistance at around $ 5.57 cad. Those who dollar cost averaged down will be rewarded .  BB moves quicker then a road runner when there is good news and bad news alike . Know what you want to get out at and place a sell order . Once again there is a gap in the chart @ around $5.20 cad that needs to be filled . Every technical scenario point to that being filled in the next 10 trading days . There is a fundamental possiblity that BB will not sustain a large spike in price  after the report on the 19th, so be prepared to sell at the price you are wanting to get out at. On the flip side , even a small indication of a take over / better then expected earnings/ or a 2025 positive earnings prediction given by management on the 19th , could send this to a much much higher level .  BB is still very very close to a 20 year low , expect the unexpected.  To be or not to be ...................
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