hello if BLNK were to push through resistance of $7usd and consolidate, id consider starting a long position anytime it were to fall below $5.99 USD
its hit its support twice on a yearly chart beaten earnings can see this stock pump up another 30%
** Shares of Blink Charging Co
BLNK
up 4.1% at $6.43, premarket
** Electric vehicle charging firm raises 2023 rev. target to $110 mln- $120 mln from 100 mln-110 mln expected previously
** Co posts Q2 rev. of $32.84 mln, up 186% from a year ago; also ahead of analysts est. of $23.76 mln
** BLNK reports Q2 adj loss of 44 cents per share vs analysts' est. loss of 49 cents per share
** “Rev growth achieved in Q2 was largely organic. We saw strong demand for both equipment and services in the U.S. division during the quarter, and in Europe our owner/operator strategy made significant gains," - CEO Brendan Jones
** Co targets adj EBITDA break even run rate by Dec. 2024
** As of last close, BLNK shares down 43.66% YTD
its hit its support twice on a yearly chart beaten earnings can see this stock pump up another 30%
** Shares of Blink Charging Co
BLNK
up 4.1% at $6.43, premarket
** Electric vehicle charging firm raises 2023 rev. target to $110 mln- $120 mln from 100 mln-110 mln expected previously
** Co posts Q2 rev. of $32.84 mln, up 186% from a year ago; also ahead of analysts est. of $23.76 mln
** BLNK reports Q2 adj loss of 44 cents per share vs analysts' est. loss of 49 cents per share
** “Rev growth achieved in Q2 was largely organic. We saw strong demand for both equipment and services in the U.S. division during the quarter, and in Europe our owner/operator strategy made significant gains," - CEO Brendan Jones
** Co targets adj EBITDA break even run rate by Dec. 2024
** As of last close, BLNK shares down 43.66% YTD
infamousnicone