BLNK possible breakout Keep an eye on BLNK at this level, maybe look for a retest and bounce before entering a position
BLNK trade ideas
BullishSetting up very nice IMHO. Consol abover trend after break. Nice inside Daily. Decreasing volume.
pump n dumpI got some crazy returns on this run ! i love this stock and hate to say im considering some puts under the trendline. you can see in previous runs how they dont last more than 2-3 months. we are on the 2nd month right now, its pullback time soon. remember what i always say, puts gotta eat too :) gl <3
$BLNK Blink Charging, Potential Pennant Breakout 👀👀
Pennant formed and we await breakout.
Alert set for break above $29.75.
Wise to also set alerts of trendline.
Major resistance remains at the 2017 pivot target $33.70.
We will reevaluate if we get to that level.
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
BLNK Major Resistance @ 29.504 points of resistance identified at the 29.50 area for Blink.
If it can clear this resistance zone we are going to new highs but its going to be a difficult task for BLNK.
BLNK CNBC APPEARANCE Clean breakout of clear channel resistance this morning, pumping into tomorrow's CNBC event...
Just an idea, don't trade this
DCJ
BLNKI noticed this security some time ago, on a wild growth of 250% for a month (!), It reached a large resistance level, after which it began to form the Flag pattern (see the screenshot). This same pattern is a retest of a large resistance level. On Friday, the pattern took place - the price broke through the Flag, now the movement will follow the arrows - the first target is $ 35, after which there will be a small retest of the resistance level and turn it into a support level, and from there upward, the second target is $ 48.48 (+ 107%)
BLNK Long to $32->$52Stop Loss $22. Short Term PT: $32. Bullish Over $32 PT: $36, $43, $52. Will Start scaling out at $32.
BLNK ready to take offMM set up the market perfectly on Friday, we saw a healthy pullback followed by a consolidation to validate the support.
BLNK loading up to reattempt ATH, has gained alot of traction since the pullback, TOP 100 moving on Robinhood.
Going long $30 wait for the retest to validate this level as a support.
If we fail to hold above $27 wait for the market to show you the trend and where the supply zone is.
$BLNK $BLNK after a massive run broke the support at $28.33 and the next support is at $24.34. If the downtrend continues it could consolidate around the $21.11 area, which is a good entry for long term.
BLNK Technical Analysis Update 11-24-20Price has retraced to the 38.2 fib level and if you want to enter a trade wait for price to retrace to the 61.8 and/0r the 78.6 fib levels. If it doesn't go down that far and jumps back up then the original plan would be in place. Wait for price to cross the 2.618 level.
BLNK | SHORT OpportunityNASDAQ:BLNK
Possible Scenario: SHORT
Evidence: Overbought RSI, Technically and fundamentally nothing happened during last 20 days for this company but the stock price jumped 400%.
Friday 20th Nov, it closed ~22$ and today Monday 23th Nov, it's price is ~37$,
Please share your comments about this.
It's just my idea and could be wrong 100%
BLNK LONGThis could be a risky bet but seems like it's prime time for this stock, the show institutional interest, however, the trend reversal Is not yet confirmed, however seems like a good risk to reward ratio.
BLNK Technical Analysis 11-24-20Price has certainly shot up out of consolidation and hit a previous key resistance level. If it blows past the 2.618 fib level ($35.53) on the daily chart it has another resistance level at the 38.2 fib level on the monthly chart (around $40). The next level of resistance is the trend line around the $46 price level. I would wait for a pullback to a key support level and then enter. However, this is a very strong uptrend signal and price may not pullback. If you are bullish on the stock then place a buy above the 2.618 fib level and let the market come to you. Target price would be the trendline at around $46.
Blink - EV charging - midtermwill be interesting if Blink can go back to hights from the beginning though ...
Too high too fast.Great company especially the new president putting an emphasis on evs and renewable energy. A pullback is needed and will wait for that to happen to get in. Alot of volume which indicates big buyers buying in.
EV stocks hype -BUT not enough focus on the Charging side!
So we are looking at an overdue EV full force entry in the market - seems like every day we have a new reverse merger with a SPAC company to IPO another EV maker we never heard of ....but the main focus is missed by many investors - Charging stations and Battery makers.
Here we will discuss the two companies currently in the lead of the EV charging race.
First we have Charge Point -established in 2007 and currently owns 73% of market share of EV charging ! that’s big ! imagine Gas stations 70 years ago, estimations are we are looking at a 25 Billion $ market size by 2025.
Their CEO of Charge Point expects over 190 Billion by 2030, and to stay the biggest player in the EV charging game.
Charge Point currently has over 80 million charging systems and hundreds of thousands of users, and a very user friendly in house app that helps the user locate the nearest charging station near him.
The acquisition of SBE on Charge point will be finalized in the next few weeks, SBE stock already made a tremendous jump the last 2 weeks, nearly DOUBLING the value.
Lets look at the Technical:
Stock broke resistance level on the 9th of sept and in less than 2 weeks nearly doubled its value from -15$ to28.6- major rally up.
Both RSI and Stoch are showing us overbought along with a huge rise in market cap but if investors have 2% of common sense i would expect a stock that holds 3/4 of the EV charging market in the US to keep rallying and pass most EV makers by a mile.
The second stock on the chart and the one that gets most of the attention is Blink Charging.
Founded in 1998 and reported revenue growth of 84% to $3.8 Million in the last 9 month, and sold about 700 charging units its seems Blink is on FIRE!
After browsing in their products catalog I was officially impressed, their products are well branded easy to use and very intelligent – they even sell a mobile emergency charger that can be stored in your trunk!
The other good news is Apple announced they will add Blink chargers on apple maps and allow the driver to easily locate a suitable charging system to his vehicle nearby.
One thing we should remember about blink is the big drop the stock experienced in august, following the analyst Culper’s Research which claimed company had less than 2.5k chargers and not 15k as they initially claimed.
With much less market cap the Charge point buy more years in the game and better known brand it seems as Blink will definitely fight charge point for the massive market share that is expected to be 14% of the total market value in the USA.
Blink Technical overview:
So very similar to SBE the jump Blink did is purely massive! RSI and Stoch are over bought - RSI candles through the whole rise showing us there is a lot of volume and drive behind this rise -but I am stating the obvious.
Blink stock couldn’t break through the 11$ line till the 16th of Nov and from there gave a +230% rise - expect a correction but I wouldn’t expect it now, as the EV market is still rallying massively. if analyzing the impulse wave the stock is experiencing at the moment, I would say this stock will rally all the way to 30$ mark and from there will give a 2-3$ correction before going further
one thing is sure -the EV charging market is huge and must be seen as one of the biggest opportunities we as investors are experiencing and shouldn’t be missed !
if you would like me to cover another EV charging stock please send in comments
Trade safe and invest smart!
BLNK HR Chart AnalysisIt's been doing RBR non stop since under $10! With friday's insane volume spike at opening and consolidation for the rest of the day, I wouldn't e surprised for another run
