January 25, 2014

BLACKBERRY Weekend update

  • Blackberry daily chart unable to sustain above 200 Day SMA. Bulls must get back above this level to extend this up move.
  • Weekly chart shows a bearish Doji like candle. Price trading below last week's low may lead to further correction.
  • Last chart shows weakness near the falling resistance line. Bulls must takeout this line for a bigger up move to happen.