Bumaba ng 21% ang Presyo ng Stock ng BB; Makakaapekto ba ang BlackBerry Stock sa Bagong Lows?
BlackBerry Limited BB stock price fell 21% in October eroding a big portion of the market capitalization. It broke down the $4.50 crucial support and began to decline by forming lower lows candles. BlackBerry stock price is trading below the 50-day and 200-day EMA showcase downtrend. However, the current price looks oversold and EMAs are far away. So a short-term pullback rally may trigger time. The price pattern of BB stock is highly bearish and the selling volume is on the rise. It indicates that some genuine investors had sold off the shares and exited from the higher levels. BlackBerry Limited released the previous quarter earnings on September 28, 2023. It reported an EPS of -0.04 and revenue of $132.028 Million. The company beat the EPS estimates by 38.62% but missed the revenue estimates by 1.97%. However, the BB stock price did not react much and continued the downward momentum. At present, the stock price is near the yearly low and it will be interesting to see how the price reacts in the coming session. Will BB Stock Price Show a Bounce? BB stock price is in the correction phase and sellers are continuing their dominance on the higher levels. Till BlackBerry stock price is trading below




