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Xtanly
Nov 23, 2020 5:32 AM

BLNK - Nearing the resistance zone 

Blink Charging Co.NASDAQ

Description

Time to book profit or hold with trailing SL.

Trade closed: target reached

Comments
wolfdeutschland
yeah in the 35 area there might be some TPs - am curious if the 100 is coming again. Do u have any news why it's rising so extreme? only cuz of Biden who is more for regenerative energy n EVs? I mean I am invested since some month due to my technical analysis. But hardly get any news of the company though
Xtanly
@wolfdeutschland, Not sure about any news. Like all EV related stock, it is moving up hopes and expectations.
However, valuations have become very steep, that late entrants might get trapped. The ideal strategy would be to hold with a trailing SL.
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