Shares of Canadian smartphone maker BlackBerry Ltd (BBRY) had a volatile trading day on Friday after the company reported a mixed third-quarter earnings report. BBRY stock has offered some good opportunities for traders as of late but in the bigger picture for investors remains in a rut and stuck in a multi-year consolidation pattern as the company is working on a turnaround plan.

With defined support in place, active traders and investors could look to trade the stock from the long side in coming weeks.

Read my full analysis here:


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