Stock Market Viewpoint

Stock Market Viewpoint
Reading the Tea Leaves...

Wednesday, December 30, 2015

BBRY Really Wants More

Over the past couple of weeks BBRY has had a strong lift off from a five-month wide inverse head and shoulders pattern.  

click on image to enlarge

Although it maxed out at the top line of its 3-month uphill pink channel last week, the channel sellers just aren't showing up and it's now starting to ride up that upper channel line implying that it really wants to go on up to the top line of the red channel.  

Trade well my friends


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