Blackberry gives in to negative pressures - Analysis - 15-11-2022

Economies.com
2022-11-15 11:53AM UTC

Blackberry's stock (BB) fell in the intraday levels, after touching the resistance of the 50-day SMA, amid the dominance of the main downward trend in the medium term, with negative signals from the RSI after reaching overbought levels. 

 

Therefore we expect more losses for the stock, targeting the support of 3.94, provided it settles below 4.70. 

 

Expected trend for today: Bearish

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