February 15, 2014

BLACKBERRY Weekend update

  • Blackberry weekly chart continues to show weakness at Upper bollinger band. 
  • Daily chart unable to stay above 200 Day SMA.
  • Last chart shows price testing crucial support level near 8.98 area and the Daily lower bollinger band. Staying above this level may give an up move back towards 200 sma again. Daily close below this level will extend the correction towards 8.30 levels.

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