Buy 300 hundred share and shave of 25% - 30% when each TP is hit. Then save 150 share and let it ride to to the supply area around 5.47. Sell 50 more shares and diamond hand the rest
Scince the announcement of $KXIN that they will enter the "small Electro Vehicel" market shares are already going strong with high volume ...
Now we have news about a merger and there are some rumors of possible partners in play ....
technical we see some S/R flips in and we have just recently closed above another resistance ...
in case we can break this...
Falling wedge, confirmed breakout of supply line.
Weekly hidden bullish divergence on the MACD and RSI
Stop = Below demand line (manage own risk)
Target = Gap fill @ $4.18
Kaixin Auto Holdings (KXIN) continues to demonstrate a bullish outlook with its strong structure on charts. The daily chart shows that the price has been on deep consolidation. The level of 3.75 has been working as the level of support. The nearest resistance on the daily chart offers enough space for the buyers, which may help the stock have another possible...
This is one of the most speculative stocks and strange chart I see in our market. Kind of consolidation around these levels. Who knows maybe we have a rally again. I guess it is not that bad of a play if we go with a tight stop loss on the 100 EMA. This might be a boom.
BREAKOUT STOCK SELL ALERT
$KXIN - Kaixin Auto Holdings - Ordinary Share
Initial Alert Price: $4.32
Price High: $3.64
% Gains/Losses: -15.74%
(-37.3% Less Than Expected)
KXIN actually hit $4.95 the day we released this alert and then retested the $4.75 Price Levels of Resistance again on Jan. 21st. The stock continued to show signs of not having the momentum to...
Based on previous resistance and company standings improving I will be targeting the $15 region to start off with. Positions were initiated at $3 so the position is safe. A nice area to long from will be $5.25- $5.50 on signs of early rejection in trading. This one needs volume !
Lets see if the market wants to carry this one further to the upside !
This is...
Pupm&Dump trading strategy idea.
$KXIN is rising without clear preconditions today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $4,50;
stop-loss — $5,24;
take-profit — $3,76;
Do not view this idea as a recommendation for trading or...
Just pay attention to those 15 minute and 5 second bars. The amplitude is great in every direction its moving.
Take advantage while "STOCK" lasts..:)
100 shares mininun for newcomers, tight stoploss
no more than 300 for experienced players (Reason being over 300 the errors are violently punsihed on this stock, with wide stop losses due to the large amplitude of...
