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BlackBerry Ltd Stock, Allergan And ZIOPHARM - Top Crossover Trades For Today

Here is the summary of moving average crossovers. BlackBerry Ltd stock closed below the 100-day moving average. Allergan stock is testing the 50-day SMA. ZIOPHARM Oncology stock has made a bullish crossover. If you want to see the complete set of technical trading ideas for today check out here.

BlackBerry Ltd (NASDAQ:BBRY) breaches 100-day moving average support line.

Shares of BlackBerry Ltd (NASDAQ:BBRY) were down by more than 3% yesterday after Goldman Sachs initiated their coverage on BlackBerry with a 'sell' rating with a price target of $8.5 per share. Goldman's price target is 6.5% below yesterday's close. The firm was skeptical of BlackBerry's auto business, noting that "with the auto business trading at an implied 13-17X revenue, and unlikely to ramp meaningfully until 2019, we think fundamentals will be the primary driver of the stock over the...