BLNK Stock Price: Blink Charging Company moves another 8.16% higher
|- Blink Charging Company pushes another 8.44% higher on Tuesday.
- Yet another deal was announced again today this time with Cushman & Wakefield.
BLNK stock rises again after more good news
Blink Charging Co. (Nasdaq: BLNK) announced today that it has signed an agreement with leading global real estate services firm Cushman & Wakefield (NYSE: CWK) for the marketing and potential deployment of Blink charging stations, including its Blink IQ 200 units, and related services to Cushman & Wakefield clients throughout the United States.Michael D. Farkas, Founder, Chairman and Chief Executive Officer of Blink, commented:
Cushman & Wakefield is a preeminent leader in property, facilities and project management, and we’re excited about this opportunity to partner with them to enhance the EV charging capabilities at the properties they represent. As drivers increasingly embrace EV technology, the demand for convenient charging alternatives is growing. We’re pleased to work with Cushman & Wakefield to contribute a greener future while enhancing tenant and visitor experience at their clients’ properties
Blink Charging Company 1-hour chart
The chart below shows some bullishness in the stock price. Now it seems that the USD 10 per share level is the major psychological support area if the price does start to fall back. On the topside, the USD 14.56 per share wave high is the level the bulls need to break to keep the great run going.
From the low to the high on the chart, the share price has risen around 480% which is some going in such a short period of time. Looking forward, a break of the black trendline could be a great trend continuation signal. Then beyond that the aforementioned high will need to be taken out for the stock price to hit its most recent high. We must still remember that the share price is quite some way away from its all-time high of USD 3750.00.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.