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Modus777
12. Apr. 2021 06:48

$BLNK Triangle or rising wedge? 

Blink Charging Co.NASDAQ

Beschreibung

BLNK found itself rejected at the anchored VWAP from the January highs and it put in a daily inside day last week. Indicators looks a little exhausted after running strongly from the lows a few days ago, due to some bad news. Whether it's a triangle or a rising wedge, I carry no bias until price action tells me if these EMAs will hold the daily levels or if we're getting a pullback before we're ready to break higher again. I am looking to add if we enter my buy zone. The maginot line it's a clear trend break to the downside that should be worth looking at if this proves to be a rising wedge.
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