Long. 20% increase potential for 10 days
The trend that this 180 day chart has presented is very consistent. This past week (10/9-11) I was watching the price action of BLNK as it seemed it has finally reached a new bottom around 2.38. Today I watched to see if it would break that low and it did not: After 14 red days, BLNK has finally rebounded off its bottom to 2.49. If it follows its 6 month pattern, BLNK will trend upwards for the next week and a half. 2.38 is now BLNK's support and I will close my positions if it drops below 2.38 or if it fails to meet a new high tomorrow.
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