T-Box on BLNKThe price should move the ema 21h to test the 50h and the price to test the 250h.
That box will be critical for the next move
BLNK trade ideas
BLNK | I Spy an Insider Buy! | BounceBlink Charging Co., through its subsidiaries, owns, operates, and provides electric vehicle (EV) charging equipment and networked EV charging services in the United States and internationally. 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 manages various Blink charging stations and associated charging data, back-end operations, and payment processing, as well as offers property owners, managers, parking companies, and state and municipal entities with cloud-based services that enable the remote monitoring and management of EV charging stations; and provides EV drivers with station information, including station location, availability, and applicable fees. In addition, the company provides EV charging hardware, software services, and service plans. 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 direct sales force and resellers, as well as sells residential Level 2 chargers through various internet channels. As of March 10, 2022, it deployed approximately 30,000 charging ports. Blink Charging Co. was founded in 2009 and is headquartered in Miami Beach, Florida.
BLNK Hedged Options StrategyEVs and infrastructure-related businesses such are "charging" ahead. Blink, having experienced a bit of a downturn with other EV and EV-economy companies, still garnered buy/hold/maintain ratings from analysts. With a market cap of 561M, the company offers residential and commercial EV charging equipment, hardware, and software on its cloud-based Blink Network that enables the remote management of charging stations and gives drivers station information. Blink also has partnered with different destinations such as attractions, airports, transportation hubs, schools and healthcare facilities, hotels, apartment buildings, parks, religious institutions, retailers, stadiums, supermarkets, and office locations. As of 2022, it has ~30,000 charging ports and its revenue of $9.8 million in Q1 was 339% of the same quarter last year -- note that government grants and subsidies are a main source of funding for EV charging companies, while other companies may feel more QT stress.
With a one-year target price of $17-$25 and hinting at consolidation, here's a strategy to make up to 20% while allowing room to safely fall up to 78% before losing any money.
Buy 2 $13 Calls
Sell 2 $15 Calls
Sell 7 $3 Puts
All expiring 1/19/24
Capital requirement for this strategy: $2078
Date for $BLNK 11/23, short squeezeI keep getting that there's a trade entry long in this name and tomorrow's date has come up multiple multiple times. This is based on my dowsing work and I think it's only a day trade, but up over 8%. Bigger picture target though is $10.43 +/- and under $11 is very consistent with repeated "asks".
70/100BLNK has bad fundamental
now price is below weekly VWAP
support become resistance setup for this entry
Charging up for $20?$BLNK seems to be in downtrend, and there is a high possibility of channel bounce as we have hit the channel boundary. Currently oversold as the market goes beyond the channel boundary.
Trade idea 💡
Entry: "Only" after stock goes back in the channel and confirms upward momentum ($16.25+)
Exit: Between $19-20 as market reaches channel boundary and resistance
Disclaimer: This is not financial advice. Please make your own decisions while making an investment.
$BLNK, Charging up for $25 as the first stop?$BLNK seems to be in a falling wedge (bullish) at the moment which can lead the price back to $25-26 zone. We may see a push towards $17 before the stock attempts a break out of the wedge.
If that plays out well, we might also see the right shoulder completing -- a bit too early but good to keep an eye.
Next few weeks seem interesting!
Disclaimer: This is not a financial advise. Please make your own decisions while making an investment.
Stock update$BLNK #BLNK Beautiful move off the shelf so far.
Mainly just focused on the gap above to $24.50 at this point until price action confirms a potential bigger move on the larger timeframes (weekly, monthly).
$BLNK Bullish GartleyBLNK bullish divergence starting to play out here on the weekly after a textbook bullish gartley harmonic. Historically we could over 100% upside just looking at price action correlation between these levels here
$BLNK - Reclaimed Support, Caught at DemandFairly beat down ticker, miraculously reclaimed the demand zone before going for the retest.
Can trade the bounce given that it occurs, otherwise this ticker is a prime short candidate.
BLNK getting tightPrice has been consolidating and trying to break $26 for quiet a while now, watching for a break for a possible runup towards $30
Triple bottom on BLNKTake a look at BLNK.
What a resistance we have at $26, yes this is a "meme stock" but we do like BLNK here technically.
We are looking for a break and hold of that $26 level and in the short term will be taking profits at $27, $28, $29, and $30.
From there we will see. Economic conditions will still not be great for tickers like this to perform well on a longer time frame, but we will play the short moves with the cards we are dealt
Earnings watch 3/10 post-marketEarnings watch 3/10 post-market:
BLNK
DOCU
RIVN
ORCL
ULTA
ALTO
WPM
TLYS
OPFI
AOUT
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
tickerTracker - MFI Oscillator
www.tradingview.com
$BLNK - Sitting At DemandTo those looking to start a long position in $BLNK, today presents us with the perfect opportunity to do so!
We're currently sitting right at a very strong demand zone which has held strong for over a year! This setup is invalidated with a close below demand.
$BLNK Bounce Off Strong Support While the fundamentals might suggest otherwise, I like a long here for $BLNK. There is a strong technical setup with support ~28 area making for a low-risk, high-reward entry.
Stoch RSI is primed, and they plan on releasing new EV charging models next week. 34.25% short interest also makes it a potential squeeze candidate. Stay tuned...
BLNK charging up for the next rally 🔋blnk on the verge of breaking this downtrend channel, a move over 29.76 gives use breakout confirmation.
if it breaks out my price targets are 34.45-43.23 for early 2022.
like and follow for more 💘
BLNK: Completed wave iv and broke out of the downtrend Line. With Biden's emphasis on clean energy and renewables, this should take off
BLNK retesting the Triangle breakoutBLNK is retesting the Triangle breakout, should see some upside here. High short interest in the stock(38%), high short squeeze potential as well. Would go long above $40
BLINK - PARABOLIC RUN TO UPSIDENice Seahorse, i mean SeaBull for a nice run.
Pretty much same as what everyone else is seeing. Im looking to get in on the retest for a parabolic run to the upside.
Good luck!
NOT FINACIAL ADVICE
I think this is the breakout that people are not noticing enoughBreakout on year long descending wedge, in the process of wave 2 right now, waiting for bottom to enter wave 3. Wave 3 could potentially test next resistance at ATH.
Blink Charging co.As forecasted accurately shares of electric car charging company Blink Charging (NASDAQ:BLNK) rocketed to close 17.1% higher on Monday. Whats next ? is this the go or we are coming back to 20 level before firing back to upside with my longer term target being $70/Share.
In accordance to Elliot Wave medium to short term outlook for this stock is to downside. longer term outlook is bullish.
Please note that im not a financial advisor and these are personal thoughts, they could be wrong.
Trade responsibly
11/14/21 BLNKBlink Charging Co. ( NASDAQ:BLNK )
Sector: Consumer Services (Other Consumer Services)
Current Price: $40.01
Breakout price trigger: $41.50
Buy Zone (Top/Bottom Range): $37.50-$34.60
Price Target: $47.50-$48.00 (1st), $53.00-$54.00 (2nd)
Estimated Duration to Target: 27-30d (1st), 55-58d (2nd)
Contract of Interest: $BLNK 12/17/21 40c, $BLNK 01/21/22 45c
Trade price as of publish date: $4.25/contract, $3.90/contract
