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Analysis: #NASDAQ $BLNK

Case 434 #BlinkCharging Co.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#BLNK 1/4
Chart 1
Daily Chart: The up move on June 29, 2020 saw price close above both the Feb. 2019 #trendline and Mar. 2019 #pivot resistance, since then the price has risen strongly and temporarily traded above synthetic #resistance at 12.29. Price has since .....

BLNK 2/4
..... backed off and an attempt is underway to close below the #SMA 20 and June 2020 trendline #support. Below lies the 8.40 pivot with #Fibs. 0.50 and 0.618 lower down at 7.92 - 6.34 respectively. A close/hold above 16.04 targets 19.66.

BLNK 3/4
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