SquarExchange

Blink Charging Co. June 17 ,2 0 21

Queries
Transportation Equipment Entry Price: $46-$47 infosquarExchange@gmail.com
Symbol: BLNK Target Price: $66
Recommendation: BUY Upside: 40.42%

Trading Strategy
Below are the main technical and fundamental drivers behind trading Blink:
COMPANY STATISTICS
Market Cap ($ Bn): $1.710
 Moving Average Breakout – After a recent sell-off, Blink has sustained a new
weekly high. The 50-day EMA has sustained above the 100-day EMA, with the 26-
52-Week Range: $2.34 - $64.5 day EMA crossing over the 50-day EMA with heavy volume.
Dividend Yield: N/A
 Relative Strength Index– The stock is making higher lows, but the RSI has been
Revenue ($ Mn): 6.23 trailing with lower lows on the 1D time interval. This divergence acts as an early
EPS ($): (0.59) indication of a strong incoming move.

P/Sales: 275.09x  Resistance Level Breakout – Over the last couple of months, Blink has found
strong resistance at the $44-$45.5 levels; therefore, we recommend entering into a
P/E (Forward): N/A
position only once the stock sustains above these levels. A breakout of a
P/Book (Current): 53.71x prolonged resistance level is one of the strongest and most conventional bullish
Return on Equity (2019): -30.48% indicators.

Current Ratio: 35.04 Trading Thesis

Equity Beta: 3.89  Entry Price: $46-47
Shares Outstanding (in Mn): 41.14  Price Target: $66 (Possible LT target of $80 if it sustains above $66)
 Stop Loss: $25
 Time Period: At least 2 months

Disclaimer: SquarExchange is an informational organization. We are not registered investment brokers; therefore, we
cannot assess, verify or guarantee the adequacy, accuracy or completeness of any information. The suitability or
profitability of any particular investment, or the potential value of any investment or informational source should be verified
by your financial advisor or by conducting your own financial research. Historical performance is not indicative of future
results; hence, we do not take responsibility for any trades taken based on the information presented in this report.