NASDAQ:SORL reported strong ER numbers around mid-May. Stock gapped up and since then has pulled back to $4.60 area. Backtesting shows similar behavior each time the co reported strong ER beat in the past. See May 2017 and then Nov 2017 chart areas. Based on similar pattern, target 1 is $6.20 area which is also now multi-month resistance. If that breaks, next...
SORL has reported higher earnings and the market is reacting with a huge spike. I'm expecting more upside after the correction. Possible target on chart.