BLACKLINE INC

NASDAQ

BL

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...

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

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

Broke through resistance and sitting at new highs. MACD bullish crossover should push this higher.