$BBRY will report earnings pre-market tomorrow. Based on the price actions, we at PricenTime.com forecast a positive gap up day tomorrow for $BBRY. The price action has successfully defended the bottom at 10.34 by taking out the prior swing high at 10.78. And it closed above the swing high today.
Evidently, the collective market wisdom has already made the decision before the news event. We at PricenTime.com firmly believe that the fundamental events are designed to move the price in the direction of cycle, not the other way around. If the earnings and guidance are good, that’s great. If the earnings and guidance are bad, the market will find excuses to forgive the bad and forge a rally. Stay tuned.