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dainiushka
Oct 18, 2021 7:05 PM

Uxin, by Elliott wave Long

Uxin LimitedNASDAQ

Description

Price bounced off support line and formed bullish hammer candle pattern. Price touched the ending diagonal last E point. Short interest 1,91%; days to cover 2.5; I think it is a good entry point. We can wait, when the price will form HH for safe entry. Stop loss: candle below support line
Comments
y01004750
Useless Chinese stonk.
I wouldn't even wonder if UXIN is one of those Chinese companies "fraudulently" listed on US stock exchanges.
dainiushka
@y01004750, Yes, but this useless Chinese stonk risen up from 1$ to almost 6$ in two months
y01004750
@dainiushka, I know. I rode it from 0.8 and then back down to 3 but correlation does not imply causation
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