This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

4 Huge Tech Stocks to Trade (or Not)


Nearest Resistance: $10.75

Nearest Support: $9

Catalyst: Q1 Earnings

BlackBerry (BBRY - Get Report) is enjoying some upside this afternoon, with shares up more than 7.4% on the heels of bullish first quarter earnings numbers from yesterday. The Canadian handset maker posted an 11-cent loss for the first quarter, but that number still came in 15 cents better than analysts were expecting. Likewise, the firm reduced its cash burn, and actually increased its cash on hand to $3.1 billion thanks to a tax refund and asset sale. Those fundamental improvements are getting investors excited in BlackBerry's stock again in the last two sessions.

And technically speaking, BBRY is starting to look good again too. Shares actually broke out of an ascending triangle pattern on Wednesday, clearing then $9 resistance. From here, the next upside challenge comes up at $10.75. That leaves some room to the upside for traders who want to get in now.

2 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
AMD $1.90 1.90%
BBRY $7.29 1.80%
FB $95.23 1.00%
ORCL $38.02 -0.05%
AAPL $112.02 0.38%


Chart of I:DJI
DOW 17,121.04 -10.82 -0.06%
S&P 500 2,014.89 +15.91 0.80%
NASDAQ 4,835.6330 -3.01 -0.06%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs