BlackBerry Limited (BB)

[Researcher Ed]

Looks like it didn't beat the mentioned high nor did it get near it's yesterday's close! this is reinforcing a reversal trend this makes a good shorting candidate. Although since 09:40 AM PST it has trended up in the intra-day chart with positive money flow... Now there's two important points we need to look at:

Resistance: 47.82
and
Support: 47.21

Overall looking it day by day this is trending down but it is rising in the intra-day so I would monitor 47.82 or lower as a good position to SHORT if that (47.82) resistance doesn't get broken. If it gets broken don't open a position and best to wait until tomorrow's reaction unless if it really goes over 49 which I highly doubt.