After its recent earnings report BB rewarded my patience with a big surge upward. Then during Santa week it faded in what looked to me like a bullish flag. I almost bought more but I hold enough of it that adding more would have put me too overweight, which I try not to do on any single stock. So I just calmly held all shares. … Continue reading There Goes BB Again; Dinosaur Egg is Hatching
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 … Continue reading BB Cup & Handle
As you may have noticed, I’ve been something of a true believer in the ongoing John Chen turnaround story for Blackberry (still wish they’d change the name to Research in Motion). I’ve been holding BB and rarely look at it. But this morning I took a look and saw a daily Cup & Handle pattern and so… NFTRH+ being a TA entity, here it is … Continue reading NFTRH+; Daily Chart Cup & Handle on a Long-held Stock
As noted in NFTRH 466’s NFTRH+; Charts & Notes segment… BBRY clowned me last week as I bought it, and thought I was smart when it went up big the next day. It then went down just as big the next 2 days. It’s below resistance. Holding. John Chen for president! It’s not below resistance anymore. The play here (original hat tip to Citron Research) … Continue reading BBRY Clown Show Over
BBRY, a stock I’ve held strongly due to its thus far successful transition to a software company from an old fashioned device company, is up big because of just that, software; specifically its security software niche. Its software can work on PC, Mac and connected devices. Frankly, I don’t know what to do with this because it is not a trade, it’s an investment. We … Continue reading In Light of the WannaCry Scare…
[edit] Well, it’s back to Pallookaville as the gap fills. It’s okay, I’ve got time. I have held this one for months now, since the big move away from devices and further into software. It was an NFTRH+ trade idea that failed (as it triggered the stop loss level) but I held my bag and even added to it. Now this… CEO John Chen said … Continue reading Blackberry Finally Gaining Traction
In NFTRH 376 it was noted that I would be watching BBRY for a pullback in order to buy it back. That pullback has come about this week as BBRY has dropped right into a logical support area at the top of the bullish (bottoming) pattern we had reviewed in a previous update. A couple of points here… For me personally and as noted previously, … Continue reading NFTRH+; Blackberry (BBRY)
On November 11 we spotlighted BBRY as a trade idea with a target of 9 bucks. Here is the original update. Disclosure: I took a profit on the rise in early November, re-entered per the + update, took another profit and did not re-enter for this latest surge toward target. Here are the updated daily and weekly charts from that update, showing the target ready … Continue reading Alert: Blackberry (BBRY) Approaches NFTRH+ Target
I had been holding BBRY as part of the John Chen fan club and little more. His goal is a turnaround of the hand held device dinosaur into a security software focused company, hopefully with some better device traction as well. When the stock burst upward one day in October I held on. When it dropped hard the very next day I held on. Then … Continue reading NFTRH+; Blackberry (BBRY) Trade Setup Using Daily & Weekly Charts
