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.
Pesanan dibatalkan
Misjudged the market, seems like we are still in a downward channel and not in a falling wedge. I realized this after I re-drew the top channel line.
Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.