ABC Bullish
BLNK appears to have gotten tangled up in an ugly top but looks to be recovering.
The long legged doji (LL) is a wonderful candle that can show you support. Support and resistance level were not carved in stone and can be broken. There will be more resistance on the way up this go around.
ABC bullish is a measured move down, a corrective more and usually within a larger move up. The target is D.
BLNK was definitely struggling before this sector emerged again. On a rainy market day, BLNK will possibly struggle again. Long entry level is important. The 50 is tiliting down but the 50 moving average, the 100 and 200 are all where they are supposed to be. The 100 and the 200 are sloping up. Price is struggling to stay above the 50 and close was slightly below the 50.
Loing term targets are, well long term and these are dependent on market conditions. I focus on targets 1.
Not a recommendation.
Trust yourself.
The long legged doji (LL) is a wonderful candle that can show you support. Support and resistance level were not carved in stone and can be broken. There will be more resistance on the way up this go around.
ABC bullish is a measured move down, a corrective more and usually within a larger move up. The target is D.
BLNK was definitely struggling before this sector emerged again. On a rainy market day, BLNK will possibly struggle again. Long entry level is important. The 50 is tiliting down but the 50 moving average, the 100 and 200 are all where they are supposed to be. The 100 and the 200 are sloping up. Price is struggling to stay above the 50 and close was slightly below the 50.
Loing term targets are, well long term and these are dependent on market conditions. I focus on targets 1.
Not a recommendation.
Trust yourself.
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