BLNK seems to be in a falling wedge (bullish) at the moment which can lead the price back to $25-26 zone. We may see a push towards $17 before the stock attempts a break out of the wedge.
If that plays out well, we might also see the right shoulder completing -- a bit too early but good to keep an eye.
Next few weeks seem interesting!
Disclaimer: This is not a financial advise. Please make your own decisions while making an investment.
הפקודה בוטלה
Misjudged the market, seems like we are still in a downward channel and not in a falling wedge. I realized this after I re-drew the top channel line.
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