Bullish Case: Scaling infrastructure and a bullish AI price forecast hint at growth. Drive upgrades could reshape reliability concerns, supporting a price rebound.


Bearish Case: Insider sales, aging drives, and recent negative price momentum may continue pressuring BLZE, with hard drive failure rates escalating costs.


Potential Outcomes: 45% chance of modest recovery on drive upgrades, 35% likelihood of further decline due to historical trends of drive failures, 20% chance of flat market action.


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April 16, 2024


Backblaze Forecast

BLZE        Backblaze
Price Forecast: BULLISH    Price Action: TRENDING (?)











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Anticorrelated Stock Forecasts

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VXX Forecast + Options Trading Strategies   VXX  iPath Series B S&P 500 VIX Short-Term Futures (-0.96)





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