Tuesday, June 23, 2015

Blackberry earnings

BBRY reported some sort of earnings or other today, and the stock is down on heavy volume:

The last time the stock was down on heavy volume was at the end of March there in that chart, after which it drifted back up.

So, do you want to buy BBRY?

Well, here's the weekly chart:

And $8.80-$8.90 or so is significant 18-month support.

Meaning maybe you get clobbered if it breaks down from here.

So I dunno.

Sorry, pretty useless post. Just trying to make my quota.

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