Could Blackline Safety Corp Lose its Strength? The Stock Reaches All-Time High

 Could Blackline Safety Corp Lose its Strength? The Stock Reaches All Time High

The stock of Blackline Safety Corp (CVE:BLN) reached all time high today, Nov, 2 and still has $7.94 target or 148.00% above today’s $3.20 share price. This indicates more upside for the $88.35 million company. This technical setup was reported by If the $7.94 PT is reached, the company will be worth $130.76 million more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events. The stock increased 6.67% or $0.2 on November 2, hitting $3.2. About 89,350 shares traded hands or 332.33% up from the average. Blackline Safety Corp (CVE:BLN) has risen 6.00% since October 3, 2016 and is uptrending. It has outperformed by 3.48% the S&P500.

More notable recent Blackline Safety Corp (CVE:BLN) news were published by: which released: “DAK Investments Corp. Acquires Shares of Blackline Safety Corp.” on June 24, 2016, also with their article: “Blackline Safety Ranks No. 228 on the 2016 Profit 500” published on September 15, 2016, published: “Solid Third Quarter for Blackline Safety” on September 29, 2016. More interesting news about Blackline Safety Corp (CVE:BLN) were released by: and their article: “GPS Technology Stocks: From Smartphone Games to Fitness Tracking to Medical …” published on August 30, 2016 as well as‘s news article titled: “#GPS Sector Snapshot: (OTCQB: $GOPH), (NYSE: $LMT), (NASDAQ: $TRMB)” with publication date: October 24, 2016.

Blackline Safety Corp., formerly Blackline GPS Corp., is a Canada wireless location company, which develops, makes, and markets services and products for worker safety monitoring. The company has a market cap of $88.35 million. The Company’s Loner solutions empower organizations in various industries and geographic locations with real-time safety incident awareness. It currently has negative earnings. The Company’s portfolio of solutions address every lone worker scenario, including indoors, outdoors, in between buildings, hazardous sites, while driving and in remote locations.

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