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Momentum Trading with RaginCajun

RaginCajun
Joined Jan 27, 2008
7,405 Blog Posts

I Like BlackBerries

RaginCajun Mon May 11, 2015 10:24am EST 6 Comments

I bought the $BBRY @ 10.05, with a stop under 9.70. Buyers just needs to push the stock through the high of day here, and she’s off to the races. The Slow Stochastic supports the buy, and the bulls are trying to regain the 200 day MA right here.

Screen Shot 2015-05-11 at 9.22.34 AM

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6 comments

  1. thegametheorist
    thegametheorist
    May 11, 2015 at 11:02 am

    Picked up AKS, Dropped off CLF for a win from 5.50

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  2. thegametheorist
    thegametheorist
    May 11, 2015 at 11:31 am

    Also picked up NBL on this mornings drop @ 45.65

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  3. matt_bear
    matt_bear
    May 11, 2015 at 2:08 pm

    how is blackberry still in existence?

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  4. Marc David
    Marc David
    May 11, 2015 at 2:51 pm

    +1 to Matt … I think they have a pretty strong hold in some medical fields. Slowly but surely corp america and govt are giving them up.

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    • RaginCajun
      RaginCajun
      May 11, 2015 at 3:16 pm

      Best security around, too much IP. They will be bought at some point.

      Always trade it, when there is a level to trade off of. Great call activity as well. the BBRY has been good to me for quick trades.

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  5. Schpyne
    Schpyne
    May 11, 2015 at 4:23 pm

    good eye on this one RC

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