BLNK BLNK BLNK
Lot of possibilities on this. Crypto is on the move, so there is no doubt this stock along with COIN will move.
It has been sitting this consolidation area for a few weeks. On the daily, it is reaching the end of it's triangle, hitting the bottom a few days ago. It broke past it's descending trend line (white) 3 days ago and has moved 3 point.
I think it can rip and break out of the triangle soon. I do think if it's still int he consolidation ~44 is it's limit, but if it does break past that that it can go as high as 64.5 as it's next resistance!
It has been sitting this consolidation area for a few weeks. On the daily, it is reaching the end of it's triangle, hitting the bottom a few days ago. It broke past it's descending trend line (white) 3 days ago and has moved 3 point.
I think it can rip and break out of the triangle soon. I do think if it's still int he consolidation ~44 is it's limit, but if it does break past that that it can go as high as 64.5 as it's next resistance!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.