Nice bounce here - 4hr

KNDI just bounced off of the 200 SMA. Sitting at the 40 on the RSI and looks undervalued on MACD.

All good signs for me.

Took an entrance at $8.01 with a SL at $7.5

Will add more when we VWAP (red) converts to support.

Comfortable with my risk and will be watching this daily for the rest of the week.

Also bought the $10 call for 1/15

*These are my own thoughts and price predictions based on my own technical analysis*

YOUR MONEY IS YOUR RESPONSIBILITY

Would love to hear your thoughts and opinions on this as well!

200smabounceChart PatternselectricvehicalTechnical IndicatorskandiKNDITrend Analysis

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