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Technology Stocks : BB: BlackBerry (fka RIMM: Research in Motion) -- Ignore unavailable to you. Want to Upgrade?


To: kidl who wrote (1564)2/3/2021 2:17:42 PM
From: The Ox2 Recommendations

Recommended By
Sr K
Sultan

  Read Replies (1) | Respond to of 1832
 
If you look at the charts of many stocks that have soared on what appears to be momentum only, you will see plenty that look like BB. The difficulty in looking at the charts is that one never knows just where in the process is the chart at this time... Is this a one and done spike? Was this first move just the initial run, now in pause mode, and a larger huge spike is on it's way? At least BB appears to have more going for it fundamentally than GME and, most likely AMC.

ENPH is a great example of what COULD happen but there is no way to know if this is what will happen with BB. This post is dated 11/21/19 and shows the daily chart for the bulk of 2019. It had a massive run, then, backed off. The second chart shows the most recent moves.

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