Our short term target is 37-38 and mid term 45-48 based on the current EW count and IH&S setup. Our stop loss would be the W2 low at $27.36.
Trade closed: target reached
Congrats to those that followed. BLNK had a huge rip much faster than expected yesterday. Rips like that, I start to trim out of my position and look for a pullback to add on dips. I do think BLNK has much more in the tank for a push into that 45-48 range.
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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.