BLNK trade ideas
Money...I Smell MoneyThis is a very nice setup. Inverse H&S, holding at previous support, about to break a trendline it's been trading under. I have a resistance zone estimated between 47-48.50. If buyers step in and it begins to show signs of a breakout closest target is over $51. Also a positive news catalyst. A lot to like about this going into next week.
BLNK 30MNBULLISH BAT & SHARK@1.13XA
VERTICAL DOTTED LINE is Ultra high volume DOWN BAR
Higher volume-Professionals are buying into the public selling.Blue Horizontal lines are 1HR SUPPORT
CANDLE SPREAD GETTING NARROW
Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT
POTENTIAL BUY
BLNK 45MNBULLISH BAT & SHARK@1.13XA
VERTICAL DOTTED LINE is Ultra high volume DOWN BAR
Higher volume-Professionals are buying into the public selling.Blue Horizontal lines are 1HR SUPPORT
CANDLE SPREAD GETTING NARROW
Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT
POTENTIAL BUY
BLNK 1HRBULLISH BAT & SHARK@1.13XA
VERTICAL DOTTED LINE is Ultra high volume DOWN BAR
Higher volume-Professionals are buying into the public selling.Blue Horizontal lines are 1HR SUPPORT
CANDLE SPREAD GETTING NARROW
RSI must be over 30 & Price on breaking of ULTRA HIGH VOLUME Candle HIGH with NO SUPPLY i.e place for BUY
BLNK Descending Wedge Breakout AGAINBLNK Descending Wedge Breakout
Clean Energy play, great for Long Term as well
- Great news with setups in S.A. EVPA plan,
other catalysts include EV expansion
in other states like FL and NH
BLNK has formed this pattern 5+ times now
Breakout imminent, low volume pullback
TTM Squeeze on 30m (last squeeze jumped 20pts)
RSI, 20, and 50EMA curling
Held 20EMA on the daily
PT1 58.3
PT2 64
PT3 75+ by Q2
BLNKcould we see another 4x in the next 2 months?
I obviously can't say that for sure, but you know, it can be, or it could not.
anyways, here we are again.
so, as the chart explains, if the price bloke below the trends line, it is probably gonna fall.
I also market with purple an area in which we have a "zone" more than a line that works as a support.
how you find it interesting, and follow me.
ty for paying attention.
$BLNK Before ERAlthough we got a bullish candle last week, I am still waiting for confirmation on a bullish trend aside from the daily timeframe. All other timeframes are showing a thinning kumo cloud. On the daily, the conversion line has almost crossed the base line. Should the current trend continue, the conversion line (blue) should deviate from the base line to keep price action above the still bullish kumo cloud.
The Ski Mask is on......BLNKI like blink charging for a long term hold. Obviously we are headed into the EV age and I like how this company no only participates in making vehicles, but also dealing with charging stations was a big plus for me. I like the commercial value of this company down the line. Price is in a support zone look for it to test resistance since mac d and rsi are on the bottom side meaning that price could be oversold.
What do you think?