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AIHS trade ideas
AIHS - POTENTIAL %40 UPSIDE Hello traders, AIHS is currently 0.6858. I would like to see it push down to around 0.6-0.57 and get rejection from that point. The reasons why I will take this trade are Firstly,We just broke bullish flag pattern. Secondly,We will retest 2 clear trend lines. Last one but not least It will retest the demand zone. We can see %40 upside in midterm.
Please support this idea with like If you find it useful. The information given is not a financial advice. I'm just sharing my ideas regarding on my experiences and knowledges. Remember this analysis is not %100 accurate. To make decision please follow your own thoughts.
$AIHS: SmlCap play - Potential 40-80% upside from today's closesee easy and self explanatory boxes on chart for Entry, Exit and Stop loss zones. Never chase any stock.
Not for any recommendation, Just an Idea. Like it >> Click 👍/comment, and follow.
I closed 3 trades today from my previous posts:(BGI +36% in 56 days, CNET +32% in 22 days, IDEX +66% in 13 days)
Also day traded LMFA for 53% profit today.
BUY $AIHS- NR Picks Dic 19ES:
Senmiao Technology Limited (AIHS) es una compañía china que se dedica al negocio de transacciones de automóviles y servicios relacionados, a través de servicios financieros.
El precio de su acción viene de una caída del 31.87% desde finales de Noviembre, atribuido a una toma de ganancias después del rally de ese mismo mes, ubicándose dentro de un canal lateral entre $ 1.00 y $ 1.50
TÉCNICO:
Precio actual: 1.12 - Soporte respetado en 3 ocasiones en $ 1.05
Encima de la MA 50
RCI por debajo de 50
Rendimientos en promedio 10% intraday.
EN:
Senmiao Technology Limited (AIHS) is a Chinese company engaged in the business of car transactions and related services, through financial services.
Stock Price comes from a -31.87% drop since the end of November, attributed to a sell off after the rally that same month, placing itself within a sideway channel between $1.00 and $1.50
Technical:
Current price: 1.12 - Support respected 3 times at $1.05
Above MA 50
RCI below 50
Yields on average 10% intraday.