$BBRY falls with the rest of the market. It is currently trading just at the kumo support. The kumo is thin; suggesting support is weak. If it breaks, we are targeting a price below $13 around $12.50 as first support.
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$BBRY . Blackberry Setup for bearish move
The Ichimoku chart is showing a good setup for $BBRY. Currently, it’s closing price is at $16.67. On the Ichimoku Daily Chart, a bearish cross seems to be forming and the thin kumo support below suggest weak support below. A break from this level will give us a target of $12.50 Some catalyst to consider:… Continue reading $BBRY . Blackberry Setup for bearish move
$BBRY . Below the kumo. Bearish
BlackBerry ($BBRY) has officially drop below the kumo support. While the movement was not a huge one, the challenge will be for it to go above $15 level. So long, as it is under $15 over the next 1-2 months, the bull trend will not be established. The next target should be towards $10.