NASDAQ:KNDI   KANDI TECHNOLOGIES GROUP INC
183 4 0
Looks bullish here as it has a good risk/reward setup right now.....has recently b/o of the intermediate downward trendline around 11.20 & could bounce off major support level at 11.....has earnings this week which will play a factor into direction......as always watch volume for confirmation & if it breaks the major support level at 11 then all bets are off

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If you open up the time frame, it looks like a ginormous Head and shoulder. It should bounce hard off the huge neckline level if it were to be bullish, instead it seems to languish around this level. If it doesn't get a bounce soon, most likely this China stock gonna break hard. IMO.
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lingcod76 lingcod76
Never mind, it popped 20%. Lol.
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djflowmaster lingcod76
Good eye on the HnS pptn......actually saw the macro HnS too but if it was to be one & the extension of the move took place then it would have gone to 1 or 0 which seemed unlikely.....had a nice bounce today & will be interesting to see if it continues
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What do you think of this now? your chart looked good.
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