BlackBerry Ltd BB

BB - bull flag

[Pesyk1]

BB is showing an almost perfectly developed bull flag on a 3 month chart .  Technical indicators are almost always on your side .  This technical indicator is extremely bullish for this stock chart .  As well there is a gap in the chart  starting around 5.15 cad that needs to be filled  .  Looking to exit this trade @ 5.35 cad .   As we have all seen before , when BB moves it moves with extremes and rapidly without notice . It is a good idea to have a sell order in place in the next 7 trading days , so that one doesn't miss a spike up and a sudden retreat.  We are in balls deep @$3.15 cad average .  Cheapest Ai / software company on the market currently.

[BBLacksEmotion]

Shorts cleaned up a few more positions as you would expect with this price slide... 10,974,000 remain Short Profitability and revenue growth remain the drivers for success if BB and JJG are to succeed beyond 2025.  $2,75 is likely the breakout number to much higher highs.  

[Pesyk1]

Beautiful bull flag developed, looking now for a breakout from the chart formation.  Now that they announced a quarterly report for December 19th , things could get interesting.  Looking at a 5 year chart BB is at almost a 20 year low , it's a gimmi that this has only one way too go , although will be very very choppy due to day traders who need that trip to Jamaica. 

[jollynik6]

How many times in the last 4 years have I heard this,I have a Very large Holding In Bb,At 8.40  And Would Not Even Think Of Buying More,We Have Heard More BS From This Company,And Now People Do Not Believe A Word They Say,So When I hear (they want to STEAL your SHARES)I THINK ARE PEOPLE THAT STUPID TO BELIEVE THAT BS, The Share PRICE is where it's at Because They Can NOT MAKE A PROFIT,TO

[Pesyk1]

$8.40 is your BB cost .  You could very easily dollar cost average that down to $4 , then once it climbs to that level or higher sell it out and be done with this BB management . That's what I would do asap before this goes higher . 

[vstar67]

That is the million dollar question. Do you actually believe it will climb. Why would it?  Management has stated they are cutting costs and not focussing on growth for the near term. They also stated revenue growth will be anemic at best. Why not wait? Now of course that could change if cyber revenues miraciously ramp up or iot suddenly ramps up but why not just wait for that to happen? 

[Maxmoe]

Thanks Mr FUD. What would we do without you. Move on. Try a new stock. I'll buy it. Or a new username. 

[jollynik6]

Perhaps your right ,But I have enough DEAD money sitting in this POS Company,And I would Have to see some Good Results Before I Would Invest Another 10 cts ,Anyways I Wish You Luck and keep up the good posts.