KXIN trade ideas
$KXIN Ready for a Rally ? Merger Talk?!Scince the announcement of $KXIN that they will enter the "small Electro Vehicel" market shares are already going strong with high volume ...
Now we have news about a merger and there are some rumors of possible partners in play ....
technical we see some S/R flips in and we have just recently closed above another resistance ...
in case we can break this resistance zone there are no doubt of a price around 5$ a share ,this is also our next bigger resistance level , after market is able to break that level we have open space all the way to 10$ a share ...
Time will tell .... and always remember you are not married to the stock nor you wanna be a bag holder ;-)
good luck and have a great week
Trueman23
$KXINKaixin 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 bullish week. Major intraday charts such as the H4 and the H1 are bullish biased. It needs a convincing breakout at $5 levels to see a continuation of the trend. This could be the next China stock to move higher. Definitely on watch.
Very bad financials, but EV is coming. 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.
KXIN Breakout Stock Sell AlertBREAKOUT 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 continue moving higher and is currently trading in a downtrend. We are see signs of a potential reversal, but we are not seeing signs of volume to support the move at this time. We will be closing this alert for a -15.51% Loss due to falling below our -10% Sell Threshold, but we will also be adding this to our watchlist for an additional potential move to the upside.
#Breakout #Stocks #Trading #Investing #Alerts #StockMarket #Daily #News #Today
KAIXIN AUTO MADE ME RICH ! 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 not financial advice , please consider your own Due Diligence and Risk Management.
$KXIN is gonna fall todayPupm&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 investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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Great DayTrading gem!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 the swings)
Important..Enter with Good Volume only.
$CMSS+$RENN Combo/Agreement-> $KXIN for $454,000,000 05/01/19www.globenewswire.com
www.globenewswire.com
$RENN The Original Parent Company currently holds 72% of the entire O/S
And has agreed to the below stipulation:
Upon the closing of the transactions contemplated in the Share Exchange Agreement in which CM Seven Star acquired 100% of the issued and outstanding securities of Kaixin, Renren received approximately 28.3 million ordinary shares of CM Seven Star, representing 71.7% of the total outstanding shares of CM Seven Star. An additional 4.7 million ordinary shares of CM Seven Star will be issued in exchange for currently outstanding options in Kaixin or reserved for issuance under the equity incentive plan of CM Seven Star. Additionally, 19.5 million earnout shares were issued in escrow. Approximately 20.4 million ordinary shares were redeemed in connection with the closing of the transaction. Kaixin has raised a total of $30.9 million from the business combination and related transactions, including $2.4 million that remains in the trust account established for the benefit of CM Seven Star’s public shareholders following the redemption and $28.5 million from convertible loans and a private placement.
Several Form 4's dropped at 9PM 05/11/19
CEO
565,700 Shares
www.sec.gov
COO
471,400 Shares
www.sec.gov
CTO
94,200 Shares
www.sec.gov
VP of Marketing
75,340 Shares
www.sec.gov
VP of Finance
94,200 Shares
www.sec.gov
VP of Fine Products
18,750 Shares
www.sec.gov
Director
1,060,875 Shares
www.sec.gov
Director
477,518 Shares
www.sec.gov
Director
9,530 Shares
www.sec.gov
Director
9,430 Shares
www.sec.gov