KNDI trade ideas
KNDI| Bearish Head & ShouldersQuite a bearish setup, with bad China news on the headlines this morning, I see this stock pulling back to about 10$ demand zone.
Not sure about the time horizons but on low volume it could be a red couple weeks on the way down.
Thoughts?
Stay safe
(*This is not financial advice, for sake of discussion and illustrative purposes only*)
Earnings did not beat, but where to buy $KNDI now?Don't let a temporary pullback scare you away, because in the blink of an eye youll be chasing. I am looking for the bottom support of 5.15 to get retested if we continue downtrend. After a bounce there I will be entering $7-$8 dollar calls for Mar.19 2021. If we do not break 6 due to the insider buying news, then now would be a good reentry long. WE cannot predict then entire market but smaller caps usually are not as volatile.
Today was the catalyst I have been waiting for on KNDI.Its been an EV week with $TSLA $NIO $LI and KNDI all making big movements respective to their stocks. KNDI fell with no news or earnings to send it in either direction with conviction. I would expect to see more news in the coming days and at least another day or two of run up before we see significant downside. I currently hold equity and option contracts going out till DEC and end of NOV. I would expect big things and would probably select a far otm contact for JAN or MARCH. I ll have a update tomorrow!! Happy trading! Check out my youtube channel for more!
$KNDI Heading to $10 THIS MONTH!!NASDAQ:KNDI
This month we will see a trending going to $10. Pontentially we will break the $10 wich willl bring Kandi Tegnologies to a $550 Million dollars Market cap..
Yes *MILLIONS*. This means than when KNDI HITS $20 it will become a 1 Billion Dollar company. Keep in mind $NIO is already a $23 Bilion dollar Company.
$KNDI Kandi technologies Group IncYr zoomed in with also Auto fib, vol and MacD
I exited out of my positions with LAC and PLUG for now... Patiently going to see what this company could do as a low radar stock for now and see if it does do numbers and push up....
Key is patients here now. Nice little swing trade if so.
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NASDAQ:KNDI