$BB THE NEXT DAYS COULD BE MASSIVE - 86% Short Term Potential
Blackberry isn't a dying Smartphone Company!
Blackberry is Software Manufacturer with many good Partnerships, in the car Industry, also they do Cybersecurity stuff.
So they actually have a good business, and the interest on Wallstreetbets seems to grow in the last few days.
Now to the Chart:
-Blackberry found it's bottom at 8,06 USD
-Right now were fighting the resistance at 9,50 USD, if we will break that there is a massive upside Potential to ~12,05USD
- If we would break the resistance at 12.05 USD there is a resistance at 13.33 USD and after that we could hit the resistance at 17.50 USD
In my opinion the Potential to 12,05 USD is likely to happen, that would be ~ 30%, with a pump of WSB also 17.50 USD seems realistic(86%).
The problem after 17.50 USD could be a selloff of people who are stuck in BB since the last bull run, there are many people who entered at 20 USD and didn't sell since that, if they see that the stock came back to the levels of their entry they will probably sell it.
Let me know what you think about BB.
Blackberry is Software Manufacturer with many good Partnerships, in the car Industry, also they do Cybersecurity stuff.
So they actually have a good business, and the interest on Wallstreetbets seems to grow in the last few days.
Now to the Chart:
-Blackberry found it's bottom at 8,06 USD
-Right now were fighting the resistance at 9,50 USD, if we will break that there is a massive upside Potential to ~12,05USD
- If we would break the resistance at 12.05 USD there is a resistance at 13.33 USD and after that we could hit the resistance at 17.50 USD
In my opinion the Potential to 12,05 USD is likely to happen, that would be ~ 30%, with a pump of WSB also 17.50 USD seems realistic(86%).
The problem after 17.50 USD could be a selloff of people who are stuck in BB since the last bull run, there are many people who entered at 20 USD and didn't sell since that, if they see that the stock came back to the levels of their entry they will probably sell it.
Let me know what you think about BB.