Who thought growing a Blackberry (BBRY) could be so challenging? The new CEO seems to be capable of generating interest by investors in their platform. Here is the chart.
With a series of rising lows and this continuing pressure on climbing out of the basing pattern in the stock, Blackberry is starting to show some interesting traits.
A breakout above $11.65 would be new 52 week highs which has not been part of the chart resume for BBRY for some time.
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Good trading,
Greg Schnell, CMT
