Caesare
Short

Short Term Bearish on KNDI

NASDAQ:KNDI   KANDI TECHNOLOGIES GROUP INC
131 4 2
I am bullish on KNDI             but would like to take the opportunity to add shares in the next correction coming up.
Both RSI and MACD show overbought parameters and the stock could correct up to the red line support.

I don't advice to short this stock as It could move upward due to news, but we should try to take advantage of the possible correction.
Do you see the next stop at 13.10 and 11.10 should it go lower?
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Hi man. 15.5 Looks like a good support in my opinion. One could enter there with 1/4 of its position and lower average later if it crashes (or have a stop loss at 14.4)
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Nailed it!
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2use Caesare
Spot on!
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