Blackberry Ready to Climb

I love looking for charts that are on the other side of the mountain. I like it even more when the stock is at the foothills of the mountain and ready for a climb back up.

Blackberry's (BBRY) weekly chart below has generated a long-term oversold signal again. The last time Blackberry had a long-term oversold weekly signal was September 2012 at $6.22, then BBRY gained 194% to close $18.32 in January 2013. Yes, in January 2013 Blackberry triggered a long-term overbought signal and the stock fell 67%. Maybe this time is different, but a few indictors are telling us to look at this mountain now....78 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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