BAIC Motor rising out of the ash
Updated
autoblog.com/2017/10/18/china-electric-car-output-1m-next-year-automaker-says/
latimes.com/business/story/2019-09-25/chinas-ev-makers-plunge-on-fears-that-a-government-backed-bubble-is-bursting
If 3.92 support level holds, then we can expect to see the price breaking out from the bearish trend line.
This would be a long term buy if price does break out.
latimes.com/business/story/2019-09-25/chinas-ev-makers-plunge-on-fears-that-a-government-backed-bubble-is-bursting
If 3.92 support level holds, then we can expect to see the price breaking out from the bearish trend line.
This would be a long term buy if price does break out.
Note
watching closely now....Note
shine.cn/biz/auto/2002242756/Can this be the news that help propel BAIC price up ?
Note
unfortunately, we are still in the red with this counter. it has broke down from the support line of 3.92....
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