Blink Charging Jumps On New Agreements For Its Charging Units!

Blink's Equipment Will Be Used By Various Battery-Electric Vehicles
!

Stock Options Made Easy “
Cut-To-The-Chase” Members Make 2o5% Potential Profit!

by Ian Harvey
December 20, 2020

Share

 Blink Charging (NASDAQ:BLNK), the electric-vehicle (EV) charging equipment and services provider, has screamed higher this year. After beginning the year below $2 a share, Blink hit a high on Friday of $39.71 a share.

Stock Options Made Easy “Cut-To-The-Chase”Members are already well positioned to continue profiting from BLNK’s growth; already up 205%.

How high will the stock trade? 


Blink Charging (NASDAQ:BLNK)

Prelude…..

On Wednesday and Thursday, Blink Charging surged upwards after announced agreements for its charging units at healthcare facilities in Illinois and Pennsylvania.

The stock continued to surge on Friday, but hit a peak at $39.71 at about 1:50pm before falling back to $36.34.

Meanwhile, the options trade recommended to “Cut-to-the-Chase” members on Thursday made a potential profit of 205%.

Will this bring forth another opportunity when the market opens Monday?

A Closer Look at Blink Charging…..

Electric-vehicle (EV) charging equipment and services provider Blink Charging has screamed higher this year. After beginning the year below $2 a share, Blink closed yesterday at $31.61 a share.

The excitement surrounding Blink has to do with its tie-ins to EV infrastructure. Electric vehicles represent the unquestioned future of the automotive industry. According to a November 2018 estimate from the Edison Electric Institute (EEI), the number of EVs on U.S. roadways is expected to grow from 1 million in late 2018 to 18.7 million by 2030. EEI further projected that about 9.6 million charge ports will be required to maintain this fleet of EVs by 2030. That's where Blink comes in.

This year, Blink has made a number of moves to cement its footprint as an EV charging and servicing leader. This includes acquiring BlueLA Carsharing in mid-September. BlueLA is the city of Los Angeles' contractor for its EV carsharing services program, which totals 200 charging stations and 100 EVs. In the third quarter alone, Blink Charging also sold, deployed, or acquired 668 charging states across 25 states.

Blink Charging Company Profile.....

Blink Charging Co, through its subsidiaries, owns, operates, and provides electric vehicle (EV) charging equipment and networked EV charging services in the United States. The company offers residential and commercial EV charging equipment that enable EV drivers to recharge at various location types.

Signing Deal.....

Blink Charging signed a deal expanding its charging network for electric cars while a top auto trade group urged U.S. policymakers to back a range of EV incentives, including for chargers. Blink Charging stock jumped.

The five-year deal with Illinois' Blessing Health System will see Blink deploy 20 of its IQ 200 electric-vehicle (EV) chargers at four health care facilities.

Blink's EV charging network spans 23,000 stations worldwide. Last week, it scored a deal to deploy 26 EV chargers at Burger King locations.


YOU NEED TO BE IN TO PROFIT!

Influencing Factors.....

Also Tuesday, the Alliance for Automotive Innovation (AAI) called for a series of steps to boost the electric-car market and to revamp regulatory oversight of self-driving vehicles.

Among its recommendations, the trade group that represents auto giants like General Motors (GM), Ford (F), Volkswagen (VWAGY) and Toyota (TM) urged a revision of building codes to make EV charging easier.


CONTACT US AND GET A SPECIAL PRICE ON OUR MEMBERSHIPS!


Analysts Thoughts.....

BidaskClub upgraded Blink Charging from a “sell” rating to a “hold” rating in a research note on Thursday, November 5th.

Other equities research analysts have also recently issued research reports about the stock......

  • Zacks Investment Research upgraded Blink Charging from a “sell” rating to a “hold” rating in a research note on Wednesday, October 14th.
  • HC Wainwright cut Blink Charging from a “buy” rating to a “neutral” rating in a research note on Friday, August 14th.

IF YOU ARE INTERESTED IN WEEKLY OPTIONS - CLICK HERE!

Summary…..

Blink stock, which went public in 2018, has more than doubled vs. a month ago and has soared more than 1,300% since the start of this year, when shares were less than $2 a share.

Therefore.....

Will Blink Charging Shares Continue To Rise?

Should “Cut-To-The-Chase”Members Enter A New Trade On Monday?

Is There Still An Opportunity To Enter The Trade and Profit?

What Other Trades Are We Anticipating?

Do You Wish To Be Part Of This Action?

Join us here at Stock Options Made Easy, and find out our trades moving forward.


AS ALWAYS THE DECISION IS YOURS!


An Important Note: That any suggestions for options trade considerations require investors/traders to use their own discretion as to when to enter or exit! As well, it is advisable to do further research and due diligence before executing your trade.

It is sometimes best to exit a trade, if there is already sufficient profit accrued, before an earnings report is presented. GREED can be the undoing of a nice profit!


Best of Trading,
Ian Harvey
Director of Stock Options Made Easy


Share



”Success is simple. Do what's right, the right way, at the right time.”


Option Tip for your Success!
Options traders are not successful because they win.
Options traders win because they are successful.



Back to Stock Options Made Easy Home Page from Blink Charging Jumps On New Agreements For Its Charging Units!