UXIN - what is going to happen?
Uxin is fighting on the channel pretty long time. Today is the date of report earnings. What will happen?
Technicals look like any catalyst can push this at least to 1.50.. After that... who knows?
China economics is looking good while comparing to the rest of the world during the pandemic.
Electric cars are booming in China.
Uxin, as a used-car retailer, can have a huge gains on the market.
Let's see quartely reports.
For technicals I use here :
For looking for the support and resistance - Volume levels, Moving Averages,Tops and Lows.
For trend forecasting - MACD, RSI, MF, Divergance indicator.
For now:
I'm packing bags a little at 1.02
1st PT : 1:28
2nd PT : 1.42
3rd PT: 1.70
Further: who knows... wait for the top and sell then :D
Stop loss: 0.99
Technicals look like any catalyst can push this at least to 1.50.. After that... who knows?
China economics is looking good while comparing to the rest of the world during the pandemic.
Electric cars are booming in China.
Uxin, as a used-car retailer, can have a huge gains on the market.
Let's see quartely reports.
For technicals I use here :
For looking for the support and resistance - Volume levels, Moving Averages,Tops and Lows.
For trend forecasting - MACD, RSI, MF, Divergance indicator.
For now:
I'm packing bags a little at 1.02
1st PT : 1:28
2nd PT : 1.42
3rd PT: 1.70
Further: who knows... wait for the top and sell then :D
Stop loss: 0.99
Note
1 PT checkedNote
2 PT checkedNote
is it going to touch the 3PT today? Already 50% gain
Note
3PT reached... selling 75% of uxins i had
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