Will KNDI Share Continue Its Upward Trend to the March High?
Kandi share (KNDI) price continues to walk within the streak of strong gains, which we have not seen a streak of gains this long since 2021. While KNDI share is trading above the short and long-term exponential moving averages in a positive short-term sign that may indicate more potential gains. On the other hand, KNDI stock is trading within a narrow price range since November 4th.
As for now on the daily chart, we look forward to witnessing the imminent bullish crossover between the EMA 25-200 (the blue and green line), then we will target the levels of $3.65-3.75 (the are shaded in yellow).
In the opposite case, if the KNDI share price failed to hold above the $3.10 level, we may designate the levels of 2.91-2.45 as possible bearish targets.
As for now on the daily chart, we look forward to witnessing the imminent bullish crossover between the EMA 25-200 (the blue and green line), then we will target the levels of $3.65-3.75 (the are shaded in yellow).
In the opposite case, if the KNDI share price failed to hold above the $3.10 level, we may designate the levels of 2.91-2.45 as possible bearish targets.
Trade closed: stop reached