A554551N

BLIN 17% movement in Channel

NASDAQ:BLIN   Bridgeline Digital, Inc.
Stock short-term appears to be moving in a wide parallel channel between ~3.40 & ~4.0. Trend began about 11 days ago and has been accurate for 10/11. Several small breakouts in either direction, but continues to return to channel. Buy at ~3.40, Stop loss at 3.23 to preserve capital if a breakout occurs in the wrong direction.
Disclaimer

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.