BBRY Watch For Bottom Breakout

Sep. 09, 2013 12:40 PM ETBB
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Contributor Since 2012

The StockConsultant does it all, finds price targets, stops, breakout levels, support/resistance, and scans for opportunities just like your own professional trader. NOT investment advice.

BBRY (BlackBerry - NASDAQ ) watch for breakout above 11.41 (resistance gap above), on 47% higher volume today.

VOLUME 6.89mil shares, +47% compared to typical volume of 4.69mil by 10:25 am ET (15-20 min delayed).
Typical daily volume is 29.29mil shares over the past 6 months.

BREAKOUT WATCH for possible breakout above 11.4, no resistance in area just above.
Type: True breakout from double resistance.
Target: 13.07, 17.5% Stop: 10.69, Loss: 3.9%, Profit/Loss ratio: 4.5 : 1 - Excellent

CURRENT PRICE 11.12, at resistance, 11.05 ± 0.35, type double, strength 10

RESISTANCE ABOVE +19.4% at 13.28 ± 0.42, type triple+, strength 10
+30.8% at 14.55 ± 0.47, type triple+, strength 10

BBRY stock chart showing bottom breakout watch provided by http://www.stockconsultant.com

source: BBRY at StockConsultant

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