No replies to this topic

[Costa]

The stock is still trading within the 14.7-15.05 support area, which contains the 13-day SMA and the 50-day SMA. I expect to see a bullish resumption towards the 15.55, with a daily close above to confirm the uptrend ahead of the 16.82 resistance. From a technical pertspective the RSI has edged above the 50% level and the MACD is moving up smartly towards the positive zone. Additionally, the Chain Money Flow indicator in the chart is starting to move back up, maybe money headed back in. I keep my bullish bias on BBRY and accumulating shares on the pullbacks.

Watchlist for Thursday