Black Berry- Hindsight Is 20/20 But Lets Hope History Repeats
A person told me that BlackBerry was about to PUMP. I said, "I'm pretty sure it already had a short squeeze". I was then informed that BB is no longer making cellphones but they have become and encryption and technology company. Apparently, they have been working with the Government for sometime. Ironically, this contract and affiliation to the alphabet agencies still pretty under wraps and most people don't know this.
Looking at the chart in hindsight I plotted out were we already had an accumulation phase, I have noted the volume pump that indicated a buy signal. Also, noted is the tweezer formation that told us to sell. I have done this for education purposes.
What's actually interesting is that there may still be another trade, BB might still be very primed to pump, and to do so off both technicals and fundamentals. We have a clear Wyckoff range and I am willing to bet that this could be re-accumulation before the next big pump. Regardless, of my personal decision to invest, this is not financial advice. Please do your own due diligence and research.
Looking at the chart in hindsight I plotted out were we already had an accumulation phase, I have noted the volume pump that indicated a buy signal. Also, noted is the tweezer formation that told us to sell. I have done this for education purposes.
What's actually interesting is that there may still be another trade, BB might still be very primed to pump, and to do so off both technicals and fundamentals. We have a clear Wyckoff range and I am willing to bet that this could be re-accumulation before the next big pump. Regardless, of my personal decision to invest, this is not financial advice. Please do your own due diligence and research.