I have identified a fallling wedge structure on the Cenntro daily chart and have considered a LONG position. Target is $2+ This would also represent a potential reversal pattern and confimation that the "bottom" might be in for CENN stock
Update on CENN - Still expecting my buy zone of $0.04-$0.16 to hit pretty dam soon. Ill be loading up with a long term bag when these prices come onto our screens.
Cenntro is looking to do a gap fill on the daily soon. An excellent place to reverse trend if it's meant to do so.
pure for entertainment purpose. nfanfanfanfanfanfa
It seems like there will be breakout soon. nfa nfa nfa nfa
CENN is showing a very clear crashing pattern with 6 completed waves and currently on the 7th wave which is usually the last wave of the crash. Looking for long term entries under $1. I can see CENN doing what Tesla did and it could be trading at $200+ in a year or two
brand new company, 200m+ in cash, 2000+ deliveries, new factory, etc. etc. nfa