Loving BLNK here. Sitting nicely on 3 moving averages on the 65min chart. Chopping away on a launch pad. Inside day candle and 30% short interest. Could be explosive if it decides to go. Love small cap squeezes at year end too as hedge funds try to pad the stats a bit. In at $3.36. No target as of now.
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BLNK nice action today. Double inside day now. Looks ready to move if small caps continue their climb.
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Just broke out of the double inside day. May finally get some legs
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BLNK gap fill down. Didn't break yesterday's low. Now working on an inside day candle. Still valid for now
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BLNK just chopping away. Double inside day now. Santa Rally could set this off again.
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Back on track! Targets $5.75-$7.00
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Ugly day today. Needs to firm up otherwise stops will be hit.
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Might be time to revisit. Looks like it could be bottoming
looks rough man. i think small caps will have a good run up this year regardless and this still has alot of potential. its probably gap filling to 2.50. i plan on buying more shares there. no calls. short interest rose last month too right? i think ev can have its moment this year, what you feeling?
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@LaMASIA_100, yep, completely agree. Scaled out where I could and stopped out at break even. Will definitely revisit. Just think this setup presented itself when the market was running out of gas. Rotating to larger caps, but keeping my eye on this one for sure. Very bullish on ev 2024. Patience is key.
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Closed all calls to derisk. All profit. Holding shares.