BLNK trade ideas
BLNK LevelsWith a break in 50 day SMA NASDAQ:BLNK has moved to it's next important level of support. NASDAQ:TSLA promised some large advances over the next 3 years in the EV and electric power scene and has sent the whole EV sector into a short term tumble. BLNK has faced a short term downside, however in the longterm, cheaper materials, quickly advancing technology, and election year will likely make this sector a winner. Big names like NYSE:GM have began to lay groundwork for their own cost sensitive EV. The only question is when the bounce will happen. There is a lot of downside if support breaks today. The curved line is the path post correction.
Possible Head and ShouldersThey had great news, sold 539 electric vehicle charging stations, 100% increase in sales over last year but it looks like its forming a huge head and shoulder on the daily. We will see what happens. I really thought it was going to get back over $10.00
BLNK BuyFirst insider buying since 2 years.
2020-09-02 13:03:33
2020-09-01
BLNK Marks Kenneth R. Dir P - Purchase $6.97 +10,000 11,300 +769% +$69,725
2020-08-27 10:00:14
2020-08-25
BLNK Levine Jack Dir P - Purchase $8.30 +10,000 70,287 +17% +$83,000
2020-08-26 15:49:16
2020-08-25
BLNK Levine Jack Dir P - Purchase $8.00 +10,000 60,287 +20% +$80,000
2020-06-26 11:22:19
2020-06-25
BLNK Levine Jack Dir P - Purchase $2.72 +5,287 50,287 +12% +$14,380
2020-06-24 17:00:12
2020-06-23
BLNK Levine Jack Dir P - Purchase $2.77 +20,000 45,000 +80% +$55,400
2020-06-18 17:00:16
2020-06-17
BLNK Levine Jack Dir P - Purchase $2.40 +25,000 25,000 New +$60,000
2018-12-06 06:26:41
2018-12-03
BLNK Engel Donald Dir P - Purchase $2.20 +45,000 374,307 +14% +$98,915
I am targeting 11.5 for the first leg up of many. With a small pullback at 9.5 and 8.5, What do you think?
BLNK: holding 7.00 level nicelyBLNK building a steady trend to come back after a short attack. The next range is 8.00-8.50
I'm in (long)
7.47 is support, nothing is broken If it does not hold the next stop is around 7.10, the chart looks bullish
do not panic, possible Turn around Tuesday If the stock does not go parabolic, 7.50, and 7.10 should be a good support for turn around Tuesday.
It should hit 10 sometime this week
Starting to consolidate? 6.78 acted as a strong support today6.78 acted as strong support today. Even after hours. Indicators look oversold but no signs of reversal.
BLINK: Getting interesting in next few days if this can hold. Bullish... reaching to the biggest support line (green)... we will see if it bounce.. it'll be a big move up or down.
BLNK: Bullish - short for a bit then 5th wave?blah blah. RSI at 69 1hr , also high in 4hr.. blah. big red Heikin-ashi candle 1hr.. blah possible 5th wave. Big sugar baby in Daily green candle
$BLNK Blink Charging $8.50 target
Flag - Pennant breakout .
Possible run to previous high @ $8.50
Moving averages crossing bullishly
MACD and Histogram Bullish
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
BLNK long $BLNK Blink Charging Co. Option Order Flow Sentiment is 81.7% Bullish. tinyurl.com
Blink Charging Co., through its subsidiaries, owns, operates, and provides electric vehicle (EV) charging equipment and networked EV charging services in the United States. The company offers residential and commercial EV charging equipment that enable EV drivers to recharge at various location types. It also provides Blink Network, a cloud-based system that operates, maintains, and tracks various Blink charging stations and associated charging data, as well as provides property owners, managers, and parking companies with cloud-based services that enable the remote monitoring and management of EV charging stations and payment processing; and provides EV drivers with station information, including station location, availability, and applicable fees. In addition, the company provides EV charging hardware, site recommendations, and maintenance services. It has strategic partnerships across transit/destination locations, including airports, auto dealers, healthcare/medicals, hotels, mixed-use, municipal locations, multifamily residential and condos, parks and recreation areas, parking lots, religious institutions, restaurants, retailers, schools and universities, stadiums, supermarkets, transportation hubs, and workplace locations. The company offers its services through field sales force and reseller partners, as well as sells home unit chargers through various internet channels. As of December 31, 2019, it had approximately 14,778 EV charging stations. The company was formerly known as Car Charging Group, Inc. and changed its name to Blink Charging Co. in August 2017. Blink Charging Co. was founded in 2009 and is headquartered in Miami Beach, Florida.
