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.
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 2.37-2.40 area the next push will be beast. I’ll be tracking this...
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
CENN has been having really nice technical breakouts. The 1D IC could be the next test. That’s a 80% difference to the leading IC. CENN has a lot of momentum behind it being and EV for trucks and vans for commercial use.
Looking at CENN we could have a possibility of a nice profit as it climbs back to $8. It is making a nice turn around here on the weekly chart. However due to being below span A and showing a decline this can be an extremely likely maneuver. Rewarding if there is succes punishing if failed.
I think the CENN will start a new era next circular time.
It might break its latest high.
It is not a recommendation to buy. In contrast, it is a purpose of technical analysis.
Good luck to all.
Cenntro Motors ticker $CENN has in this pocket last few months. It made an ATH the 2/24 and since then it has been testing floors and breaking through. With recently testing the BOLL and IC on the 1minute and 4 hours. It finally broke through and now making a run for the leading IC on the daily. With that quick of a drop and a lot of momentum in EVs, it’s very...
CENN has been on a very long down trend and have finally started to level off. It seems to have found support at $1.20 and resistance at $1.40. Now only that it have strong mac d cross on the 1-4 hour since the 15th. Ever since that sign of a reverse it has been testing the BOLL and IC on ever timeframe up to the daily. Right now it looks to be in price discovery....
Lets have a look at what happened in November 2020 and compare the charts for CENN now. If we are about to make a move up, its going to happen this week... This move could even target $40+ by May.... Keeping an eye on it. If we break down lower than 0.99 then my initial thoughts of 0.04-0.16 are in play. I'm being on a weak DXY here, and if correct, CENN has a...
Cenntro Automotive Group, Inc. manufactures electric light and medium-duty commercial vehicles. The company was founded in 2013 and is based in Freehold, New Jersey.
