$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.
Tag: Technology
$RIMM . Watch the Support.
Apart from $GMCR , $RIMM is my next favourite stock for the year. Here, we see $RIMM trading near the Chikou Span support level. With hardly any new products, and a CEO still trying to find its way, there is a high chance that the earnings will be bad, inventory high and expenses need to… Continue reading $RIMM . Watch the Support.
$GRPN . There was never a chance.
For $GRPN, there was never a chance for them to be bullish. Just look at the Ichimoku chart for Groupon. The price level was trading below the kumo most of the time. There was only a small peek in Feb above the kumo and it fell very quickly breaking through various support and even gap… Continue reading $GRPN . There was never a chance.