More Gains Ahead For BlackBerry

 | Nov 03, 2015 06:08PM ET

After consolidating between the 7.45 resistance and the 6.96 support for over three weeks, BlackBerry (O:BBRY) finally broke out from its consolidation and marked a new month's high of 7.77. On the technical side, the chart looks very good. The stock broke through $7.55 resistance and closed above its 100-day EMA. The price can easily move up to 8.16-8.34