Aug 6, 20 - KNDI Stock - Wyckoff chart Reading by sand tradingAug 6, 20 - KNDI Stock - Wyckoff chart Reading by sand trading
KNDI trade ideas
KANDI Technology Breakout and Finished Correction
*** Just sharing my opinion, not an investment advice.
July 31, 2020 - KNDI Review - Wyckoff Chart Reading NASDAQ:KNDI
July 31, 2020 - KNDI Review - Wyckoff Chart Reading
KNDISL: 6.50, If cracks uptrend = SOC
Ghost Pattern of the previous pump and dumps due to news. Major Support at 7$~. KNDI does have potential since they're accepting orders from the USA.
*Ghost Pattern magnitude does not equates to future price magnitude*
TP: 11~
KNDI Chinese sh*tbox EV B wave play$13k Cheap EV after subsidies. Cheap transpo. Fossil fuels are on the way out.
Price could be bouncing off .786 fib.
HUGE VOLATILITYA huge volatility happened today as it escalate to $9.32 approximately from $3.80 and seems going to run even further soon.
Most Affordable Electric Vehicles to US MarketKandi Brings America’s Most Affordable Electric Vehicles to Market, Announces August 18 Virtual Event to Kick-off Pre-Sales.
to kick-off pre-sales and allow customers to put a fully-refundable $100 deposit down for models K27 and K23, which will be available for delivery in fourth quarter 2020.
finance.yahoo.com
Twitter FOMO!
KNDI LevelsPotential levels for support and resistance for KNDI. We're seeing massive volume moving in. Very Interesting.
KNDI at daily gap support but needs volumeKNDI on watch. Made a compound pull back to daily gap support. Watching for increase in volume and hold of this level.
KNDI Can We Continue?Big gap up today off some positive news. $KNDI #KNDI is looking to continue its move higher, we need to see a break and re test before the entry, will be watching the next few days. You can visit my youtube and watch my full video recap, link in the description!
KNDI I don't Suggest to buy until breakout the 10.00 Level Long Term analysis .. I don't trust this share until the price breakout the 10.00 level then we will target 20.00 (100%)
.382 Weekly Fib, if we get a solid bounce here is a bullish signKNDI now at it's .382 weekly Fib. level, if this holds, then this pull back is perfectly normal.
KNDI - Requested chartHere is a chart of the entire history of KNDI. For the moment, the impulse is green, and it looks that the divergence has been cleared. No reason to short, however, in the future I believe that this stock will go down (no confirmation for now, it's just a guess)
Looking more closely at the weekly, the volume pattern is fantastic That kind of volume pattern usually takes place at a top. For now, this wave might be a light volume pullback.
The daily chart shows a false breakout at 12$ with a histogram divergence. Besides that, nothing worth mentioning. There is nothing that is saying this rally is over, but there isn't anything saying that this rally will be big. If I would consider trading the longer term, I would start selling slowly at the highlighted areas, because there, a reversal might take place. If I would trade this stock for a few days, a couple of weeks, I would trail closely a long position.
Long term looks pretty bearish (however, at the moment there is no signal for shorting). The daily looks pretty bullish and the current rally might continue.
Potential right shoulder Price might retest the channel bottom resistance again to make a lower high before tumble.
