BLNK trade ideas
BLNK Earnings move predictionBLNK has been trading in this range since April. It looks like it wants to come down and test the green trend line, but since earnings are after hours, it could end up running throughout the day. Ultimately, I think it will move down $3-$4 for earnings, unless it closes down a large amount beforehand. Total revenue is going up but operating income is getting worse each quarter. I believe future outlook for the next quarter will be cut. I'm keeping this on high watch tomorrow.
BLNK - Short and Mid-Term Targets 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.
BLNK Squeezing Textbook triangle in the works.
I would prefer a break to the upside (great R:R)
With push towards EV and clean energy, charging stations can be the future.
Keeping an eye on this one for a long swing
Example: From Failed Moves Come Fast Moves - Blink Charging A perfect example, in hindsight of course, of the trading axiom, "From Failed Moves Come Fast Moves" - in popular new stock trading name - Blink Charging. NASDAQ:BLNK
BLNK on fire once again🔥very nice breakout on BLNK shortly after breaking top trendline resistance!
now we are approaching local resistance around 43-46, once these levels break we can target 52.07/65/78.33
goodluck, like and follow for more💘
BLNK huge news Blink energy is known for its charging stations and with the Trillion dollar infrastructure deal being passed Biden is looking to put billions towards charging stations.
$BLNK Daily breakoutNice triangle breakout from Blink charging. I went long commons, up 11% with a trailing stop. Lot of overhead supply to cut through, however a break of volume shelf at $35.9 zone would suggest a larger upside move to $44.5. Needs more volume and saw a good uptick today.
Watch for possible breakout retest, but curling moving averages, MACD and money flow has my near term bias to the upside for this idea -
Commons .... 11/19 $35 call with 1,786 OI .... DEC 28/29P spread for about .33 credit
Blink - Target 95 - if history repeatssimilar constellation like exactly a year ago.
Last year it was boosted also by the hype about Bidens green program...
All set for $70?Is this is the best time for another leg up. Imagine many gas stations being replaced by Blink e charging stations. Welcome to the electric future.
Upside +70%A company with good fundamentals. In the long run, it will be worth more than $60 per share. Delivering more and more products ( electric charging ) as the quarterly reports show. Now began an upward movement after accumulation. The support level was 26.09.
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11/1 - 11/5 watchlist #2 $BLNK +32
Price Targets: $33, $35
Technical Analysis: Descending triangle breakout
News Catalyst: " All day - The Gabelli 45th Annual Automotive Aftermarket Symposium runs all day. Presentations in past years have led to some notable share price moves. Participants this year include Hyliion Holdings (NYSE:HYLN), Blink Charging (NASDAQ:BLNK) and Canoo (NASDAQ:GOEV). Adding to the intrigue, short interest as a percentage of total float on all three names is over 20%."
BLNKLooks likely if downtrend break really is going to get broken.
Early to the party. Let's see .. . . . Keep your eyes on this one!
$BLNK Falling Wedge consolidationBeautiful weekly chart here. Falling wedge, with bullish divergence, nearing seller exhaustion. Money flow starting to come up a little bit too. Might want to dial in stop losses and entry on a lower time frame, these are not meant to be strategic, however they are 3:1+ targets
BLNK - Descending WedgeWith converging trend lines and declining volume, a break through the upper trend line with volume is all that’s left to confirm the pattern. The week of 10/4 also created hidden bullish divergence as price made a higher low and momentum making a lower low.
I’m in commons but will be starting a position of the JAN2023 30C.
Stay Green.
*NFA*
BLNK DailyBullish Bat strong potential reversal zone
Waiting for Break of Trend line with RSI ABOVE 30
BUY
10/11 BLNK(1) BLNK is not doing quite good so for
(2) the ideal way is stop by ~20 (purple zone) and wait for a bounce out of the yellow resistance line
(3) if not, would get to lower in mid-term, Weekly chart MA got support around ~20 for now only
$BLNK At Support, Bullish Options Flow$BLNK At Support, Bullish Options Flow - High probability of a near term bounce from this area. Monitor for a daily close over the 9d ema.
Unusual Options Activity - Bullish short put traded today
3k $40.00 deep in-the-money December puts SOLD today for $4.1M
Near term target: $32-$36 range possible by Halloween
Note: This is NOT investment advice. Educational only.
BLNK STOCKi have a position on this stock from $29.19 and have stops below 24 just to give it some wiggle room since it has tagged the 61.8 before. i have targets at 79 but since it has never been that high before i will probably look to lock some profit in at previous highs and ride the rest to target if it happens. Set up is a traditional hwb all time low to all time high. 50% touched, broke above 38.2 and retest of 50% was our entry. Just discovered this set up last week and got a good price for the trade. Also forming a wedge down here so hopefully we can get a break out. With my position at 29.19 and stops $5 below, price target $35 higher (previous highs) it gives us a good risk to reward of about a 1:7. I like to keep things simple, with stocks i prefer larger time frames.
BLNK, bearish descending triangleStop loss: candle above triangle, 32$
Target: 0.786 fibonacci level, 20$
BLNK BLNK BLNKOn the short term look, BLNK is in a squeeze and also breaking out of it's downward trend line from the past couple weeks.
On the long term look, BLNK looks like it's bouncing off it's squeeze support.
Yesterday's high is my entry trigger, my confirmation entry is 30.87 area. Can go up to 36.32, 37.4, 41.22 as it's next resistance levels.
If BLNK falls today, the next support is 25.77 and see it bouncing.
