After long period of consolidation, SAIC is of all Chinese E-Cars Producers in second line. But - Most others (NIO, BYD etc) gained in a very short time. The potential is in short time limited, especially NIO is very much too high. In hunting other shares, the market will discover SAIC & push'em up.
technical remarks: - good OBV - outbreak Chanel - double bottom sl in preparation - impulsive EW structure