Blackberry Failure

Blackberry is a textbook example of why you have to wait for a breakout and not to jump in before the pattern is completed. Earlier post is over here . Although its technical still a valid H&S Bottom its a loooong way now from the neck at 18.32

blackberry, bbry, failure, learn, stock trading, technical analysis

Blackberry Weekly

2 Comments on “Blackberry Failure”

  1. […] Bowes (PBI) has a very similar H&S bottom as Blackberry had in this post. Keep a close watch on PBI. A close above 16.50 completed the pattern and projects a possible […]

  2. […] of a couple of posts I did earlier which had similar triangles at the breakout levels, specifically Blackberry & Pitney Bowes. Take a good look at them before and after the breakout, they tend to produce a […]

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