CBAT If CBAT Doesn’t hold Near 6$ it may test 5.5 support else if may gap fill and then bounce
Definitely in watch list.
CBAT trade ideas
Bullish flag or pennant. CBAT on the daily chart looks like a flag or pennant pattern. CBAT was one of my positions where i timed it right. Got in around 2 dollars before it went up to 11 dollars where i sold. Volume is dieing down in the pennant or flag.
Bullish flag. Was in on CBAT and made my profit. Considering going back in especially with this bullish flag pattern. Any advice is appreciated.
MACD Going green. BullishJust opened up my position with MACD about to go green. With NIO being a customer for its batteries and perhaps other companies looking for batteries in China i see this company do good in the near and long term.
Double Bottom Formation.Saw this company in a article about Chinese moving there focus to electric cars to help reduce pollution. looked at the chart and it actually looks pretty good. Will look into getting in tomorrow, but in the meantime will do my DD deeper.
dont get lost in day to day movesdont sell on the first red day, the chart shows over 5 we can go to 30s like SPI. diamond hands people!
starting to set up niceplease remember i am not a professional so please do your own d.d before entering any ticker that i suggest and my post are based on my opinions and my opinions only and what i feel i see in the charts and with the market surrounding said ticker... with that said i feel good for a monday run here all signs point to bullish in the coming days i myself just took a position here to hold through the weekend because i truely believe it will run monday sometime i am sitting on a $2.93 average and looking to exit around $3.75 or $4.00 on monday which i think is very obtainable...remember these are my opinions and i could be wrong so please do your own d.d before you take a position...have a great weekend
UPDATEAs the second-largest producer of cobalt, Canada would be an excellent location to mine for the metal. There are no stability issues with the country and many of the potential reserves are in U.S. neighbor, Ontario.
CBAT EV PLAY "CBAK Energy Technology, Inc. engages in the development, manufacture, and sale. of lithium ion rechargeable batteries. It offers aluminum-case cell, battery pack, cylindrical cell, lithium polymer cell, and high-power lithium battery cell. Its products are used for electronic vehicles; light electric vehicles ; and electric tools, energy storage, uninterruptible power supply, and other high power applications. The company was founded in August 2001 and is headquartered in Dalian, China."
Recent PR
11:22 AM EDT, 06/29/2020 (MT Newswires) -- CBAK Energy Technology ( CBAT ) , an electric energy solutions specialist, said its China BAK Asia Holdings signed a framework investment agreement with Jiangsu Gaochun Economic Development Zone Development Group for potential lithium battery projects.
Through the deal, the CBAK unit aims to develop certain lithium battery projects with a capacity of 8 gigawatt hours, with Jiangsu Gaochun to provide various forms of support to facilitate the the projects' development and operation. No financial terms were disclosed.
Price: 0.84, Change: +0.10, Percent Change: +13.51
In at .81 looking for break of .9
PT1 1.02
PT2 1.18
PT3 1.88
#CBAT $CBAT Don't be greedy, just aim for the VPocLooks like this should move to $0.96. Not financial advice. This is a punt.
$CBAT CBAK Energy Technology, Upside targets
Considerable amount of insider buying
looking FOR LONG ON BREAK ABOVE THE 200MA
Company profile
CBAK Energy Technology, Inc. engages in the development, manufacture, and sale. of lithium ion rechargeable batteries. It offers aluminum-case cell, battery pack, cylindrical cell, lithium polymer cell, and high-power lithium battery cell. Its products are used for electronic vehicles; light electric vehicles; and electric tools, energy storage, uninterruptible power supply, and other high power applications. The company was founded in August 2001 and is headquartered in Dalian, China.
CBATCBAT = WEDGE ACCUMULATION COFFE BREACK ....
In my opinion, one of the titles that will win over the whole of 2020 with a view of 6 - 9 months will be CBAT from $ 0.9 to $ 9 will be in my opinion the MONSTER RETURN
I want to MAKE YOU KNOW that the CEO of the company owns about $ 3 million at $ 1.10 on average..MAKE YOUR ACCOUNTS.
China and clean energy, lithium, and all that will be needed will be the refuge for every problem for 2020 and this is why I present you the star ready to shine for all 2020 ...
