Showing posts with label SPX. Show all posts
Showing posts with label SPX. Show all posts

Wednesday, March 18, 2015

Will BBRY survive 2015? Probably not ...

BlackBerry is approaching another death cross on her chart.  It looks like it's about time to wind this company down and sell the toner and the remaining sealed, unopened cans of keyboard de-duster.

BBRY 3Y

David Stockman and the ZeroHedge bear chorus are getting all excited lately with crash warnings or other violence on the indices.  I don't see why the current move can't last another week, dragging on toward the end of March.  Plenty of wiggle room on the chart, and we still need that touch of the upper daily and weekly Bollinger Bands.

SPX 40D