Elliot Wave & Fib Projection Analysis
Updated
BLNK exhibiting classic Elliot Wave impulse movement for Wave 5 now. Likely to extend gain to Fib. 1.6 zone. Your thoughts?
Note
If you are inclined to invest, would it be in BLNK or BLNKW (warrant)?Note
Confirmation of Wave 5 move will be 1D candle closing above $53.33 (open 28-Dec) the current resistance peak.Note
Sticky with my position as this off trend move is a reaction to the stimulus bill. Reaction is likely to dissipate and RETL to continue on previous path. Do you agree?
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