We had an NFTRH+ update on BB most recently on December 1 (now public) for its bullish Cup & Handle pattern. But the truth is I’ve been holding this thing for a long while, technicals or not, because I think John Chen’s going to get this old device dinosaur turned around as a software/security company.
Well today the Handle is breaking but good. The reason is that BB’s results show that my reason for being here is on track (software/security business gaining traction as the device end falls away into the dustbin of history). So I had already been holding it, but I did stick a chunk of it into my kids’ accounts based on the technical pattern. So far, so good.
I know that NFTRH asks subscribers to respect the macro work first and foremost. But I also like to have a little fun as a casino patron as well. BB is charted each week near the end of the report along with many other stocks that I think look prospective, hold or have an interest in.
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