With a break in 50 day SMA 
BLNK has moved to it's next important level of support. 
TSLA promised some large advances over the next 3 years in the EV and electric power scene and has sent the whole EV sector into a short term tumble. BLNK has faced a short term downside, however in the longterm, cheaper materials, quickly advancing technology, and election year will likely make this sector a winner. Big names like 
GM have began to lay groundwork for their own cost sensitive EV. The only question is when the bounce will happen. There is a lot of downside if support breaks today. The curved line is the path post correction.
BLNK has moved to it's next important level of support. TSLA promised some large advances over the next 3 years in the EV and electric power scene and has sent the whole EV sector into a short term tumble. BLNK has faced a short term downside, however in the longterm, cheaper materials, quickly advancing technology, and election year will likely make this sector a winner. Big names like GM have began to lay groundwork for their own cost sensitive EV. The only question is when the bounce will happen. There is a lot of downside if support breaks today. The curved line is the path post correction. 
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Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.