BLNK has been trading in this range since April. It looks like it wants to come down and test the green trend line, but since earnings are after hours, it could end up running throughout the day. Ultimately, I think it will move down $3-$4 for earnings, unless it closes down a large amount beforehand. Total revenue is going up but operating income is getting worse each quarter. I believe future outlook for the next quarter will be cut. I'm keeping this on high watch tomorrow.
Commentaire:
$BLNK ended up moving up nicely throughout the day and then even more for earnings. I have a feeling it will give a good opportunity for puts at open so I will be watching for that