BLNK trade ideas
chart request by lifetime member :)14.3 resistance broke so we got in, now theres a couple left above. after that breaks this baby can hit 100. but ill probably sell before then. hard to chart a parabolic breakout like this one. so i just use the monthly or weekly to eliminate the noise :) gl
BLNK Blink Charging Co LONG$1,000 Into 5Mil 11/19/20 Day 236
Total:$4,327,266.63 Today: $47,329.67
$NAKD $BLNK $FUV $AYRO $SOLO
Today was full of good opportunities, the theme has been, Cam is up big early and then he fades his gains midday and end of day. Working on this currently to keep the momo going
BLINK to test $15 then $35 by Year-End 2020Technicals and Fundamentals have been coinciding nicely and it is looking that BLINK is setting up nicely to re-test the $15 price target set back in January 2018.
After $15, BLINK will test $34, set back in August 2017.
Earnings are announced today - could it be they are bullish or some new insight will be offered by the C-suit? We are indeed in the midst of an EV and Green revolution.
Don't be surprised if this opens up tomorrow at $20
RSI is currently only at 61 and the pitchfork shows that the bull-trend could be retaken and price could be in the $40 dollar range by December 2020.
BLNK on Alert Looking at the current price action, i see this wedge as bullish. The .618 is in play and I’m a big believer in the .618 to 1.618 path. Add the recent positive bump up off the 50% RSI trend line and we could be brewing up a little run here.
Watching.
BLNK - When and if it breaks ...Lights outNASDAQ:BLNK - Don't make me say - I told you so but when and if it break horizontal line, put your smile direct dentures, braces or whatever it is that they sell and smile at the camera.
BLINK option pricing day after earningsHot Potato Trader here, whats up fellow trader!
Earnings move range on BLINK suggests we could see a volatile swing .
BLNK is going to report earnings on Nov 12, 2020 (THURSDAY) after market close .
Key Points :
- A single earnings report can bring volatility , volume , and interest to an asset.- The options market overestimated BLNK stocks earnings move 89% of the time in the last 9 quarters.
- The predicted move after earnings announcement was ±12.8% on average vs an average of the actual earnings moves of 4.9%
- Blink was up yesterday in after hours +2.84% after an impressive 7.59% to the upside on the day .
Last Close Price: S10.21 (GOLDMAN SACS PINS 10 minutes into the close)
KEY LEVELS :
Approx Close price last price: $ 10.44
Predicted move $1.33 ( ±12.8% )
Actual move $0.51 ( ±4.9% )
Predicted Average: ± 1.33 ( ±12.8% )
upside move: $ 11.77
downside move: $ 9.10
Actual Average move: ± 0.51 ( ±4.9% )
upside move: $ 10.95
downside move: $ 9.93
BLINK is expected to stay within $9.10 and $11.77 , giving me a confidence level of 8/10.
Note: A potential catalyst such as recent news could take BLINK outside the range. In this event, the catalyst would be considered significant. And identified as an outlier will be identified as bullish or bearish .
Thanks for reviewing my idea and constructive criticism is welcome.
BLNK General look (not ready for a trade yet) I am down on my position in BLNK, I am looking at what scenarios might be good for averaging down or getting in. BLNK is a 'tech' and 'electric car' play. They provide charging stations for electric cars and generate revenue in a variety of ways.
I think this is a long term good option. I think a Joe Biden win would greatly benefit BLNK as well, as it is part of the renewable energy movement, etc...
I am looking at what earnings play might exist. But truthfully, I don't think this is a stock with earnings related plays. Historically the price movements were not associated with earnings.
Uniquely, it is very compliant with a MACD strategy.
I am looking at some of the following conditions to create a good time to enter:
- Stock consolidates at previous support levels
- MACD rolls over to the bullish upside at around the same time
- Market conditions are somewhat positive, which lately had been changing very constantly.
Some time next week we could be looking at an opportunity. Some good news can be really helpful as well.
BLNK - Blink making a bounceBLNK is set up for a bounce off of it's daily support line. Next areas of resistance are the kijun (red line) and the daily resistance trendline.
On smaller timeframes, it looks like BLNK could pull back to the ~9.39 area. So I will set a limit order there and wait for a bounce.
Another strategy could be scaling or ladder buys here. Always plan your own position size.
This trade setup offers 5.21% downside, and 10.52% upside. For a R/R ratio of 2.02. Note that these numbers are based on an entry at 9.41. So buying in higher will change those variables slightly.
false cup with handle?Noticed the cup with handle formation, but noticed that there isnt any volume spike to confirm the cup with handle towards the end. Not sure if i want to get in rn with MACD looking bearish.
Back burner set up if pennant occursThis is a nice set up to play a potential pennant. We can see that it is in the processes of entering a tightening range and with all of the crazy with EV and the infrastructure demand I doubt this will break below and it may pay off to wait for price to come down to 7 or less if you're interested in getting in this company. Of course I'm not going to have my limit orders set but wait for clear signal when it reaches those levels on a lower timeframe before entering.
