$BLNK, Charging up for $25 as the first stop?

$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.

Ordine annullato:

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.