$KXIN

Kaixin HoldingsNASDAQ

Description

⋅ Mar 18, 2021 1:53 PM

Falling wedge, confirmed breakout of supply line.

Weekly hidden bullish divergence on the MACD and RSI

Stop = Below demand line (manage own risk)

Target = Gap fill @ $4.18

Comment

⋅ Apr 30, 2021 1:57 PM

Failed trade

Trend Analysis

Comments

tradepivots1

⋅ Mar 22, 2021 2:32 PM

Nice analysis! Do you see it going above 4.18 in the short term?

Joshh_Tradess

⋅ Mar 22, 2021 3:24 PM

@carefulRhino91111, yeah I could definitely see this hitting $4.18 - $4.68 within the next week or two provided the market holds up well. Getting over the resistance @ $4.68 might take a bit longer.

tradepivots1

⋅ Mar 22, 2021 9:05 PM

@Joshh_Tradess, thanks! KXIN was the only stock in green for me today :P Looking forward to KXIN in the higher 4s soon!