Multiple bottom combined with a wedging formation could setup a nice rip off break
Downtrend Wedge breakout Weekly Support line confirmation Entry 1.35 Stop 0 -- no Stop, this is gamble Target 4.6, 8.5 Risk management is much more important than a good entry point. I am not a PRO trader. In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
Big money buys a share CBAT looks good technically NASDAQ:CBAT
Demand Zone, not confirmed. Waiting for trendline break. RSI Divergence Entry 2.55 Stop 1.95 Target1 5 Target2 9.4 Risk management is much more important than a good entry point. The max Risk of each plan should be less than 1% of an account. I am not a PRO trader. I trade option to test my trading plan with small cost.
Other count for cbat buy at 2.50 - 1.60 Take profits at 12.40
CBAK Energy Technology, Inc. (CBAT) oversold on the daily! Based on support and resistance we have: Price target: 4.70usd Stop loss:0.93usd
i think we will see clear reverse in box zone before we run to 15-20 for wave 3
Amidst today's closing, we were given a strong buy signal in CBAK Energy Technology. This signal is entirely based on the much sophisticated RSI strategies, that identify levels of max pain both in accumulations and distributions alike. If you look at the charts, you can see the historical results upon closing on the lower bullish red line. These results speak...
We have met our Macro wave one ending at our 5 minor wave 5 moving into correction wave 2 while creating a bullish abc wave pattern at the moment we are creating a sideways creation of a flat then a 5 wave correctional back down to the 0.5, 0.618 fib retracement and maybe a possible bullish truncation before wave 5 to then make another 5 wave macro back up...
looking for a potential bull push here
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$CBAT Target 7.30 for 46.00% Or next add level is at 2.70 I really like energy stocks... they are all getting crushed right now. Building this position has been work. A bear market is so different from a bull market but it will rage again... GL — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage...
Double Bottom Price crossed SMA13 SMA200 support OBV>OBV34 W%R crossed -80 Entry 4.7 Stop 3.7 Target 11 I am not a PRO trader. I trade option to test my trading plan with small cost. The max Risk of each plan is less than 1% of my account. If you like this idea, please use SIM/Demo account to try it.
$CBAT Target 8.06 for 39.93% Or next add level is at 3.46 I did not add here... just charting... On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they...