BLNK - Cup with Handle - 2020-11-16

BLNK Trade Summary

Performance metrics and trade details for BLNK breakout.

About

BLNK VCP and Cup with Handle Trade:

  • Initial Surge: The stock surged 766% in a short period of time.
  • Pattern Formation: Formed a classic VCP inside a Cup with Handle.
  • Entry Point: The center peak level of the pattern offered an ideal entry.
  • Outcome: The stock then made a strong move, gaining 190%.

This trade demonstrates the power of combining a VCP pattern with a Cup with Handle, resulting in a highly profitable move.

Before Breakout Daily

BLNK - Cup with Handle - 2020-11-16 before breakout daily

After Breakout

BLNK - Cup with Handle - 2020-11-16 after breakout

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