Blink Charging (BLNK) | Higher Risk, Short Term Tactical Reversal Trade Idea
The share is in the EV sector. Having been a downward trend since late June, we consider a short term ‘red-to-green’ trade where, a gap/print lower followed by a reclaim of the prior day lower would set up a bullish reversal. Should this occur during Wednesday’s trading session, the reclaim low would be $32.98 (must hold here for confirmation), for a reversal back to the $35.50/35.90 range. The 7-day RSI is at 21, suggesting a ‘near overbought’ condition.
Stop: $31.20
The share is in the EV sector. Having been a downward trend since late June, we consider a short term ‘red-to-green’ trade where, a gap/print lower followed by a reclaim of the prior day lower would set up a bullish reversal. Should this occur during Wednesday’s trading session, the reclaim low would be $32.98 (must hold here for confirmation), for a reversal back to the $35.50/35.90 range. The 7-day RSI is at 21, suggesting a ‘near overbought’ condition.
Stop: $31.20
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.