BlackBerry Limited
Actualizado

Possible cup and handle?

695
I drew out rays from the weekly chart just to see how it will theoretically affect the price of BB today.

We have a really nice cup formation, after the weak but still green 3rd candle my theory hat says
We will likely find a handle formation within one of the yellow channels drawn from previous resistance lines.

Once we find the correct channel, follow until it breaks and confirms the outside channel for the trend.

I would watch this and enter between 4.3 and 5 and then hope to sell close to 8 or higher.
Operación activa
Handle formed/forming

Slowly loading up on shares currently
Eyeing option calls at 5, still trying to self determine a good time frame.
I am GREAT at price levels, patterns and identifying trends. I am NOT great at time frames.

because of that I usually play shares
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Aggressive and Conservative targets in the link.
I loaded up more shares at 4.4 this morning
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alternative look.
-ichimoku +VWAP

looking at daily VWAP, we are getting in at a great price right now since its underneath the volume weight
Golden cross looks to be approaching as well, we should see an initial pop once it happens.
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Showing how I calculate the riser from the cup and handle formation as well as showing the Golden Cross formation as of today.

What we want to see tomorrow/next week is the cross confirming!

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watching more carefully, added a little bit just to follow trend.
currently we are up about 10% and following the resistance that we broke out of in the yellow channels. (This shows just how much the lines I drew work!)

If we break below yellow support line, I might sell out to preserve, but currently I have about $25k in shares at this point.

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Operación cerrada: objetivo alcanzado
Took MUCH longer than anticipated. Closed out half today at 5.50
Stop loss now at 5.40 for the other half and hoping to sell instead at 6.20

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