Sector: Technology Services
Industry: Packaged Software
BlackBerry Ltd. engages in providing the intelligent security software and services to enterprises and governments. The firm leverages artificial intelligence and machine learning to deliver solutions in the areas of cyber security, safety, data privacy solutions, and also focuses in the areas of endpoint security, endpoint management, encryption, and embedded systems. The company was founded by Michael Lazaridis, James Laurence Balsillie, and Douglas E. Fregin on March 7, 1984 and is headquartered in Waterloo, Canada.
BlackBerry (BB) was 0.3% higher late in Tuesday trading, erasing a nearly 2% midday decline, after saying it has begun the third phase of its joint accelerator program with privately held software-as-a-service company L-SPARK aiming to support connected vehicle services among Canadian technology companies and providing selected companies with access to BlackBerry's Intelligent Vehicle Data Platform.
Target : CAD 19.02
Resistance 2 : CAD 15.50
Resistance 1 : CAD 14.81
Support 1 : CAD 11.95
Support 2 : CAD 11.50
**Disclaimer - This is not a financial advice, please trade with caution and on your own risk.
Do not view this idea as a recommendation for trading or investing. Risk Only What You Can Afford. Always Use a Stop Loss. Past performance is not necessarily a guide to future performance.
I would appreciate your feedback on my analysis.
Cheers
Industry: Packaged Software
BlackBerry Ltd. engages in providing the intelligent security software and services to enterprises and governments. The firm leverages artificial intelligence and machine learning to deliver solutions in the areas of cyber security, safety, data privacy solutions, and also focuses in the areas of endpoint security, endpoint management, encryption, and embedded systems. The company was founded by Michael Lazaridis, James Laurence Balsillie, and Douglas E. Fregin on March 7, 1984 and is headquartered in Waterloo, Canada.
BlackBerry (BB) was 0.3% higher late in Tuesday trading, erasing a nearly 2% midday decline, after saying it has begun the third phase of its joint accelerator program with privately held software-as-a-service company L-SPARK aiming to support connected vehicle services among Canadian technology companies and providing selected companies with access to BlackBerry's Intelligent Vehicle Data Platform.
Target : CAD 19.02
Resistance 2 : CAD 15.50
Resistance 1 : CAD 14.81
Support 1 : CAD 11.95
Support 2 : CAD 11.50
**Disclaimer - This is not a financial advice, please trade with caution and on your own risk.
Do not view this idea as a recommendation for trading or investing. Risk Only What You Can Afford. Always Use a Stop Loss. Past performance is not necessarily a guide to future performance.
I would appreciate your feedback on my analysis.
Cheers
