arelkin

BBRY - Great Looking Chart,Ready to Make a Move Higher

Long
BATS:BBRY   None
1
Inverse Head and Shoulders pattern (& small C&H) complete as price holds support around $9.00. Holds 38.2% Fib Line as well. Good volume off the bounce on a weak tape. Looking for continuation of pattern through $10 level with significant resistance around $10.90. Highest price of pattern could be tested at $12.18. Stoch RSI turned hard near end of the week implying potential period of gains.
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