**BLZE** Backblaze stock, nice trend with a pullback to 13.26 support area and good trade quality.
Long Trade
TARGET 1
* Price: 16.66 Profit: 23.6% (Typical rally)
* Stop/Trailing Stop: 12.74 Loss: 5.5%
* P/L Ratio: 4.3 : 1 - Excellent
TARGET 2
* Price: 17.52 Profit: 30% P/L Ratio: 5.5 : 1 - Excellent (Extreme rally)
BULLISH
* \[Positioning\] Short term typical pullback, pullback may start to slow.
* \[Positioning\] at support
* \[Timing\] Mild bullish 3 day candlestick pattern with Strong 3 day accumulation.
BEARISH
* \[Positioning\] Strong Up trend (1 month), not sustainable, occurs only 15% of the time, expect trend to turn sideways or lower.
* \[Positioning\] Intermediate trend bearish, Unsustainable uptrend, may turn sideways.
* \[Timing\] breakdown watch below 12.68, no support in area just below.
[BLZE Backblaze stock chart](https://preview.redd.it/j04erh0cipeh1.png?width=1323&format=png&auto=webp&s=f77f12ea1ffaecc3467f55f9c99bca92d4398f03)