−110.088MUSD
8.942MUSD
214.7M
About Cenntro Electric Group Limited
Sector
Industry
Headquarters
Freehold
Website
Employees (FY)
279
Founded
2017
ISIN
AU0000198582
Cenntro Electric Group Ltd. engages in the design, manufacture, and distribution of commercial vehicles powered by either electricity or hydrogen energy sources. Its commercial vehicle models include Metro, Logistar, Logimax, Avantier, Teemak, and Antric One. The company was founded on May 11, 2017 and is headquartered in Freehold, NJ.
CENN in a bullish channel 🟢should see a nice bounce from trend support now, good risk reward for longs in my opinion.
stop loss at 1.55 with my targets at 1.87-2.21
Will history repeat itself?If Cenntro's sale number projections are legit (we'll see), they might see a bull run in future. As I told, there's still a gap around 200, this needs to be filled. However if CENN becomes 200 (for a second or minute) it will have a 50b market cap. Not sure if this is possible.
Third flagpoleIt seems to broke the trendline. Today a green day despite nasdaq was red. Monday PR is coming. It seems it's going for another run.
Cenn As I was buying this 2.24 level of support. 2.40 wa a key Chanel to brek through. We can see when we popped this channel momentum picked up. We are atempin to attack 2.50. It’s possible we get a pull back to the channel previous resiatnce and attempt to hold as new support. If we consildate between
still bullish on 1ha massive sell-off happened after it was reached to 3. 2 could be the bottom for hourly rsi.
Cenn Higher risk play. I am loading up on these dips 2.25 and 2.24. Key resiatnce 2.40 could
Be basing here considlation before next move up. Might still take a week but as long as we remain above 2.18 I’m happy and will remain in
CennCenn 25-03-2022 last closing red candlesticks hammer Monday 28-03-22 i think will move up to $3.50 if cannot breakup $3.00 will move back down $1.86
CENNEntry when the shaded area is crossed and the targets are shown on the chart above and the stop loss is closed for a day candle below the blue line .
Cenntro Electric Group Limited (CENN)if breakup $2.60 will move to $4.95
if can't breakup $2.60 i think will go back $1.89 or $1.00
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