Jan. 4 at 5:00 AM
$BLNK was looking like it would make all time lows very soon but has rebounded at yearly low near 63 cents demand area.
Two bullish candles in a row on the daily hitting a high of 75 cents
Scalped this today but will look for a long position depending on price action next week
Next resistance is near the previous bear flag support near 77 cents where the 13dEma currently is.
POC and major Sell volume near 80 cents as well as the .236 fib retracement
Todays volume was unremarkable and no news catalyst was responsible for this current bounce, so short term bearish
Bullish over 80-82 cents and if this can hold there it will potentially see a larger move to 1.22 area
