BlackSky | BKSY | Long at $1.09
BlackSky Technology 
BKSY is a small company focused on satellite imagery tech. It's another name from the SPAC-boom era that suffered a massive price drop - reaching a high of $17.41 in 2021 and a low of $0.86 in 2024. However, based on my selected simple moving averages (SMAs), there may be a price "influx" soon as it merges with its primary SMA (white line) and consolidates further or rises. Fundamentally, the company needs more time to prove itself as a growth/earnings generator, but in the near"er"-term, there may be some price movement in its future. It's currently in a personal buy zone at $1.09.
Target #1 = $1.50
Target #2 = $1.75
Target #3 = $2.00
BKSY is a small company focused on satellite imagery tech. It's another name from the SPAC-boom era that suffered a massive price drop - reaching a high of $17.41 in 2021 and a low of $0.86 in 2024. However, based on my selected simple moving averages (SMAs), there may be a price "influx" soon as it merges with its primary SMA (white line) and consolidates further or rises. Fundamentally, the company needs more time to prove itself as a growth/earnings generator, but in the near"er"-term, there may be some price movement in its future. It's currently in a personal buy zone at $1.09.Target #1 = $1.50
Target #2 = $1.75
Target #3 = $2.00
Trade closed: stop reached
1-to-8 reverse split. Trade closed at $1.00 with loss. ❌❌❌
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.