BlackLine, Inc

BL NASDAQ

Arman-Rajaei

BlackLine holds its RSI support. Also, you can easily see that it has broken its RSI descending channel. From the MACD point of view, it has a hidden divergence, as shown in the chart. From an overall perspective, it is a golden time to buy BL!! The target points are indicated in the charts.

Moneymakero

Two fractals inside the running flat Elliot correction wave is enough for me to deduce that my pattern is on the right track. I Might buy some calls. *** This is not financial advice, it is merely my opinion***

Moneymakero

I got the break of the low, (C) was lower than (A), This is what I look for before opening a position in calls. I believe Inflection points (A B C) reveal alot about the stock's behaviour.

dylkay

Could this be the central vertical post forming at support?

stephanelibatd

Hey traders, BLACKLINE is in a very important moment in its history we can witness a new historical high. It's in a bearish fake setup with a hammer candle and a fake high volume traded sell. Looking at the TIMEFRAME M1 we see a dash with a low volume of chat performed, it goes towards the base of the bollinger. To check it and finish on the top of the...

dylkay

Might be setting up for another run!

tree5

I'm thinking we will see BL trade sideways until earnings come... however, there seems to be turmoil in the market which can wreck any price pattern.

dylkay

are we looking at a handle?

drmithil

in wave 3

EPSMomentum

$BL is projected to have a bullish outlook even after a negative earnings release, with price currently trading close to the lower boundary of the PEAD cone. If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.

SummitsTrading

$BL might continue down, danger.

TheBullseye

$BL shows bullish trend before the earning. 12 months Consensus Price Target: $76.75 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your own knowledge. Thx

TRADINGIDEAS01

5/08/2019 BL LONG 56.35 54.02 2.33

MattDeLong

Earnings this past week and surely smoked the short on gap up after earnings. Probably the biggest short squeeze of the week. I don't have a position yet, but will be stalking it around the 54.13 pivot. Up on massive volume too, probably continue higher Mon/Tue and then looking to buy the dip.

motleifaul

All indicators are falling meanwhile. The only MA that has not been broken yet is the MA 14 whch may follow within the next few minutes.

LDC870

Bullish momentum has continued since last post. PMO continues to rise and has expanded over last two sessions. RSX has cooled off a little bit and turned upward again. I see two potential scenarios playing out here: First, the market run continues and BL, without any resistance above, keeps closing the gap on its ATH of 58.15; a positive surprise on ER would...

LDC870

Rest on chart. Looking to buy pullback below 43.50 or breakout above 48.00

dmeacham12

Re-seller deal with SAP could mean growth (see link). BL fills a gap in SAP's system and I can see a case for them being bought outright. www.blackline.com