UXIN - DAILY ----- OUTLOOK = BULLISH

Looks like a good spot to start accumulating. Small position since this is calling a bottom. Huge R/R though so we will see.

Note

Reaching that first resistance level from that monster downtrend

Note

Already up 100% from entry.

Note

Resting nicely on the mid line of the channel for retest. Next stop is $1.60 - If it gets rejected here it will retrace and retest the channel - if it breaks above $1.60 it should retest that level as support before heading to the next targets $2.30 and $3.40

If it manages to get to $4.00 its time to short back towards $2.50

Note

Back down to an entry zone. Should accumulate here and continue up

IKeepItGreen

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

IKeepItGreen