I am down on my position in BLNK, I am looking at what scenarios might be good for averaging down or getting in. BLNK is a 'tech' and 'electric car' play. They provide charging stations for electric cars and generate revenue in a variety of ways.
I think this is a long term good option. I think a Joe Biden win would greatly benefit BLNK as well, as it is part of...
BLNK is set up for a bounce off of it's daily support line. Next areas of resistance are the kijun (red line) and the daily resistance trendline.
On smaller timeframes, it looks like BLNK could pull back to the ~9.39 area. So I will set a limit order there and wait for a bounce.
Another strategy could be scaling or ladder buys here. Always plan your own...
Noticed the cup with handle formation, but noticed that there isnt any volume spike to confirm the cup with handle towards the end. Not sure if i want to get in rn with MACD looking bearish.
This is a nice set up to play a potential pennant. We can see that it is in the processes of entering a tightening range and with all of the crazy with EV and the infrastructure demand I doubt this will break below and it may pay off to wait for price to come down to 7 or less if you're interested in getting in this company. Of course I'm not going to have my...
Had a position in this company earlier this year but after i made my profit i got out. Have recently seen news about BLNK and Chargepoint. With California going all electric by 2035 These 2 companies can benefit alot in the future. For now i will stay out, but will keep my eye on it. Like Chargepoint more. Any feedback appreciated.
With 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...
They 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
First 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...
