BLBX Should I Buy

BLBX is not a good buy right now for a Beginner, long-term investor with $50k–$100k. Despite a bullish technical trend, the company is still loss-making with weakening profitability metrics, limited visibility from analysts, and no supportive sentiment signals (options/insider/hedge/congress). If you already own it, holding into the upcoming earnings may be reasonable, but initiating a new long-term position now is not attractive.

Price/Trend: BLBX is in a bullish structure with moving averages stacked positively (SMA_5 > SMA_20 > SMA_200), supporting an uptrend. Momentum: MACD histogram is positive (0.26) but contracting, suggesting bullish momentum is fading rather than accelerating. RSI: RSI_6 at ~69.3 is near overbought territory, implying upside may be limited short-term and pullbacks are more likely. Levels: Pivot ~11.79 is the key near-term support reference. Current price 12.95 is approaching resistance R1 ~13.45; a clean break above could open room toward R2 ~14.47, but rejection near R1 is a risk given fading MACD momentum. Pattern-based near-term bias: Similar-pattern stats suggest muted expected returns (next week ~+0.95%), not a strong edge. **Intellectia Proprietary Trading Signals** - [AI Stock Picker](module://ai_stock_pick): no signal on given stock today. - [SwingMax](module://swingmax): No signal on given stock recently.