Man sure that took her time today, huh blackberry. I tell you what, if you guys watched my video earlier, i gave you exact blueprints on how to play this out. I'm actually really excited to give a recap on this. I hope that you were able to take advantage of the buying opportunity today we did see the retracement that i predicted would happen this morning and uh bb blackberry ltd is looking very good.

I'm actually really really excited to see where this goes. So we've got a lot to unpack today. What is up everybody welcome to trey's trades. We have technical analysis on different stocks in the stock market, as well as potential buy holders sell opinions on these.

Given stocks i'd like to preface by saying that i'm not a financial advisor nor expert so take what i say with a grain of salt. The reason i started this channel is because a couple years back, i was about 30 000 deep into medical debt, and i was very fortunate to have some close family friends and mentors that push me to work hard and invest my money and i'm happy to say That not only am i now financially free, but i'm doing pretty well for myself at the age of 23. So if i can pass along any of the information resources or tools, they're given to me here to the community, make a couple people better off than they were before. That's all that i can ask for last.

If you would not by drop a like on the video, it really does help support the channel and consider subscribing. If you like to see more content like this now today, we are going to be calling an update here on ticker symbol, bb blackberry ltd. As i said this morning, i put this on everybody's radar and, i said hey this stock is going to be a big big, big runner in the future here, and i think you have a great opportunity to make some money and i drove a retracement this morning And i said you know i think best case scenario. What you're looking at is a retracement down to either 1857 or 1742 and uh we saw we saw it pushed through 1847 pretty relatively quickly, and it bottomed out pretty much exactly at 1742, which is the 50 retracement on the charts, so that couldn't have worked out.

Any better for anybody out there looking to get a position in blackberry uh, and i hope that you were able to take advantage of that and furthermore, just noticing this now we've got a big fat, uh freaking double bottom right here, which i like to call the George w and the george w is a great sign on a chart. This is super super bullish. It is a stair stepping george w and uh. We are looking really.

This is as bullish as you can possibly look. So we're gon na talk about a couple different things here on the chart. Today, i've got three different indicators pulled up which are the rsi, the relative strength index, anything over 70s overbought. Anything under 30 is oversold, the 200 ema, which is the exponential moving average, and this is a uh, a price action based valuation trend line or a 200 200-day moving period, and then the 15-day vomit, which is a volume-adjusted moving average uh or you might need to Use the v-wop or the m8 depends on your brokerage account they're about the same thing, and this is just a price action based valuation trend line over a 15-day moving period, adjusted accordingly to the overall volume going into a stock.

So we'll talk about what all three of these mean. I i try to use two different time frames for these brokerage indicators, just because it gives you a better indicator and an insight into both the short term and the macroscopic uh price action on a stock. So it's a good tool to help compare uh what's happening in real time. Let's talk about the overall volume coming into the stock here level off some levels of support and resistance.

Uh the whole nine yards today was the buying opportunity. Guys today was the chance to get in for as cheap as you possibly could we got that chance. We saw the dip and next time is up for the rip and i'm telling you blackberry is going to be absolutely filthy. So with that being said, let's just get right into the video uh, but first i want to give a quick shout out to the guys over the patreon.

We are almost 600 members strong. Now, that's absolutely mind-blowing to me. I cannot believe that uh, you guys all rock thank you for the support they have access to the private discord as well as real-time insights. My personal training and we've got a lot of great stuff in here.

We've got chatting questions investing assistance options, trading, stockpot, which i actually will be showing you guys here today. Short-Term plays midterm, plays long-term plays, spac plays cold stocks, a whole bunch of different industries and sectors, and it's a great great resource. We've got a lot of people in here that make a lot of money. I'm going to show you a couple of the earners and learners out here: eight percent.

In one day, absolutely filthy, uh we've got flacco made in 13 in one day, which is absolutely insane. We've got uh, i'm not gon na, say his name, but you can read it we'll call him elon, musk 49 in one day, absolutely insane, just crazy, crazy numbers. So, if you're interested in being a part of this community, there's a link to the patreon description box down below now, if you're not familiar with what blackberry is, they engage in the provision of security, software and services to enterprises and governments. It offers cyber security, consulting enterprise, consulting endpoint management and unified endpoint security.

The company is founded by michael lazaridis, james lawrence balsilli and douglas e fragrant on march 7th 1984 and is headquartered in waterloo, canada. Every time i come down here - and i talk anywhere here in oklahoma - i'm on a quarantine right now, but you know when i go out to get lunch or dinner like you're, not from the south. Are you son? No i'm not! I didn't realize you could only hear your accent when you go somewhere else. You know what i mean.

That's just that's just as real as it gets. So, let's take a look at the charts here and i do want to be transparent and show you that i do have a position in blackberry but keep in mind uh. There is something i need to show you, otherwise, so just to be uh kind of simple. With what i'm saying here i had you know at about midday today i was, i was trading snpw.

I had scalped the stock twice first time for about a thousand dollars, profit second time for about 800 profit, and i entered a third position and then i got a call uh regarding a family situation. I don't want to get into details on the channel. The guys over the patreon do know everything's okay, but i had to step away from my brokerage account for a second and uh. You know that wasn't that that wasn't what was on my mind, i was more concerned with my family with my loved ones, and i came back to an absolute nightmare.

I didn't even realize that i'd left the trade open just because everything inside me just started to panic when i got that phone call and uh just just to get that right off the bat um. I am down immensely in snpw, so uh, like i said i was, i was scalping this i i was turning a quick profit on a couple. You know ten percent of the first one nine percent of the second one, and then it came back to an absolute nightmare um. I don't know if you guys have ever been there, but if you forget to close the trade and you come back to the worst case scenario, this was absolutely it, but with that being said, i wanted to show you that i have a position at bb.

I do have 235 shares at a dollar cost average of 1965. uh. What i'm gon na do with snpw. I will have a video out on later and we can discuss that further more, but i want to show you that i do have a position in bb.

Just to be transparent, so you can take that for what it is uh - and i am i'm very excited about this stock. I think we're going to retest very soon here, i'm going to pull the 10 to chart and just show you something. I think we are very likely to retest this level right here right around 30. Oh, this is actually coming up really soon, so we are actually just pushing over this huge resistance level, and if we push over that, i think it's very likely to retest.

You know this 39 40 range, which would be right around here, and why do i think that? Well, if we come to the max time the all-time check this out? That is a very, very critical level right here. This is where we see a big big level of support, so in a sense, we've got um kind of uh a little bit of a head and shoulders pattern. So like this could be a shoulder. This could be a shoulder.

This could be a head or you could say no. I suppose this would be the head shoulder. This is the head shoulder shoulder neck line, uh anywho! This is an important level. We've got this acting as a level of support at a very critical stage right here.

Uh and after we see a little bit of a sell-off right here that that sparks in my mind that that's a little bit of an important level as well uh, now, what's an even better level to watch for well i'd, say probably right around here, we do See one almost two, three four five six different touch points at thirty dollars, so i think the first box to tick off is gon na, be that 30 mark and if we can push through that, i do think we are likely to see a 40 price tag On blackberry, they've got a lot of actually really good things uh about the company that they're working towards they are trying to get into the electric vehicle game in a sense and that'd be a whole super long. Video. If i want to get into all the details there, if you're interested just let me know in the description box down below but uh blackberry, does look very promising. The charts look great uh.

We are still gapped up on the 15 bomb over the 200 ema had a pretty pretty gnarly correction today, not a great one, but this was your opportunity to buy into the stock without a doubt. That was the opportunity for you. So one thing that i think is a very good tool. The key to the back of your mind is sometimes it's very easy to get fixated on the daily charts and fluctuations and uh.

I catch myself doing this too. I'm not perfect, but when you're buying into a stock don't be uh, don't be caught up in the the one by a minute, with one minute by one minute by one minute, you know fluctuations in price right. What matters more is the holistic view of the stock. This is where you're going to get a good idea of what you can buy in at right.

So we see here uh it's sold out pretty hard after a little bit of a run-up right here peaked out after i covered it this morning. Right and then it came back down to 1742. Well, if you had a very microscopic view of the stock, if all you did was look at this on a two-day chart, you wouldn't have really seen that as a buying opportunity, i mean you might have because of this, this bit of price action right here. If we change over to the one minute right, but you might not have or what, if you just had this on today and all you're looking at, is today's price action, that's an important thing to keep in the back of your mind, which is why i show You guys the one month chart as well as the one day one minute chart, because it's good to have both a macroscopic and microscopic perspective of a stock when you're establishing a position getting ready to sell a position uh getting it to improve a position.

Every single piece of that matters so just keep that in the back of your mind for the future, but this is very bullish. We've got the double bottom right here. Volume is increasing every single day. If i remember correctly, this actually has a pretty decent amount of shorting happening at the moment.

So, let's just take a look here at stockbot and we can check this out very easily short on uh bb and it will pull up how many shares are currently shorting on bb and it is 7.13 are being shorted. At this moment we have a 555 million float with 562 shares outstanding. It's not an extreme amount of demand by any means, but this price looks good. It looks like it's getting ready to run here in the after hours, which is absolutely beautiful.

The trading volume is very high in the after hours, which you do like to see. This is actually about the highest i've seen it in the after hours, which is very promising. The same thing's happening now with amc, which is absolutely filthy, i'm so excited to see this finally happening. It took a couple days to warm up guys, but i'm telling you uh we're going to keep hitting these grand slams.

That bb is going to be one of them. Bb is gon na, be a grand slam. I can reassure you that i feel very confident. I've got about five or six thousand dollars in bb and i think it is a very easy double up.

Your money sort of play uh, do keep in mind, though there's risk involved with every single stock. This is not a penny stock, though. So usually, we cover penny stocks on this channel, but this is not a penny stock and when we dip two dollars the risk isn't as high as when you dip two dollars in a penny stock. You know i mean we saw.

We saw what happened today when i had to step away for a phone call with snpw for an hour, i'm down 44 and uh. That can happen in penny stocks and uh. I've said this time and time again, there's risk involved when you get in penny stocks and uh, i'm the only reason i'm showing you. That is because we all think it's just rainbows and sunshine right, we're always just going to make money and there's opportunities where you may not uh.

That's not the opportunity here with bb right, so the risk isn't as high, but just for comparison right, uh, two dollars loss on here is maybe gon na be five: five percent ten percent right. You lose thirty cents on a penny stock and that can kill your portfolio. So there's a lot less risk involved with bb. It does have a very strong growth projection right now we were trading at six dollars and seventy two cents a month ago.

So if you've gotten in then you're almost up 400 percent on your money, which is absolutely filthy - i'm loving everything about that. So that's how the one month chart looks right now, change over to two day, one minute, just for any last minute things that we want to take a peek at any sort of bullish or bearish patterns and we'll just zoom in here on the price action and It was a little bit of selling pressure throughout the beginning of the day today, so i'm just going to delete this green circle, so we can see a little bit better, pretty harsh selling pressure we did see. You know stair stepping lower lows, which is typically, you know. We've got that downward channel and uh.

At some point we had to hit a bottom out right and when we did, it happened right at this projected 50 retracement at 1755.. We did dip a little bit below that, but buyer stepped right back in immediately and pushed the price back up. So i really hope you're able to take advantage of that. I did put out a video this morning and i said hey.

I think if you see a bounce off of either 18 1850 or 1742, we didn't see the bounce off of 1850 right. It pushed right back through that we saw a false break back above, but it came back down uh. So if you got it at 1755, i think you're doing extremely extremely well right now, you're set up for an absolutely filthy run and blackberry should treat you very very nicely. So that is what i have for the updates today on bb i'm going to be holding this as a midterm investment.

I can see this doing some really really good things down the road, and i see no reason or any sort of selling pressure to to say that this isn't going to continue to run. So that is what i have for you guys today. If you enjoyed it, please drop a like. It really does help support the channel and consider subscribing if you like, to see more content like this and lastly, i do an affiliate link in the description box down below for tubebuddy uh.

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So it's a great way to support the channel and, if you're not interested, that's totally fine. I just appreciate your support by taking the time to watch my videos, so that is what i have for you guys today. Thank you for watching my friends and i'll see you all next time. Peace,.