CBAT trade ideas
starting to set up niceplease remember i am not a professional so please do your own d.d before entering any ticker that i suggest and my post are based on my opinions and my opinions only and what i feel i see in the charts and with the market surrounding said ticker... with that said i feel good for a monday run here all signs point to bullish in the coming days i myself just took a position here to hold through the weekend because i truely believe it will run monday sometime i am sitting on a $2.93 average and looking to exit around $3.75 or $4.00 on monday which i think is very obtainable...remember these are my opinions and i could be wrong so please do your own d.d before you take a position...have a great weekend
CBAT EV PLAY "CBAK Energy Technology, Inc. engages in the development, manufacture, and sale. of lithium ion rechargeable batteries. It offers aluminum-case cell, battery pack, cylindrical cell, lithium polymer cell, and high-power lithium battery cell. Its products are used for electronic vehicles; light electric vehicles ; and electric tools, energy storage, uninterruptible power supply, and other high power applications. The company was founded in August 2001 and is headquartered in Dalian, China."
Recent PR
11:22 AM EDT, 06/29/2020 (MT Newswires) -- CBAK Energy Technology ( CBAT ) , an electric energy solutions specialist, said its China BAK Asia Holdings signed a framework investment agreement with Jiangsu Gaochun Economic Development Zone Development Group for potential lithium battery projects.
Through the deal, the CBAK unit aims to develop certain lithium battery projects with a capacity of 8 gigawatt hours, with Jiangsu Gaochun to provide various forms of support to facilitate the the projects' development and operation. No financial terms were disclosed.
Price: 0.84, Change: +0.10, Percent Change: +13.51
In at .81 looking for break of .9
PT1 1.02
PT2 1.18
PT3 1.88
$CBAT CBAK Energy Technology, Upside targets
Considerable amount of insider buying
looking FOR LONG ON BREAK ABOVE THE 200MA
Company profile
CBAK Energy Technology, Inc. engages in the development, manufacture, and sale. of lithium ion rechargeable batteries. It offers aluminum-case cell, battery pack, cylindrical cell, lithium polymer cell, and high-power lithium battery cell. Its products are used for electronic vehicles; light electric vehicles; and electric tools, energy storage, uninterruptible power supply, and other high power applications. The company was founded in August 2001 and is headquartered in Dalian, China.
CBATCBAT = WEDGE ACCUMULATION COFFE BREACK ....
In my opinion, one of the titles that will win over the whole of 2020 with a view of 6 - 9 months will be CBAT from $ 0.9 to $ 9 will be in my opinion the MONSTER RETURN
I want to MAKE YOU KNOW that the CEO of the company owns about $ 3 million at $ 1.10 on average..MAKE YOUR ACCOUNTS.
China and clean energy, lithium, and all that will be needed will be the refuge for every problem for 2020 and this is why I present you the star ready to shine for all 2020 ...