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I Bought $KNDI On Bullish Pattern, Hot China Stock Momentum

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This article is published in collaboration with Scutify, where you can find real-time markets and stock commentary from Robert Marcin, Cody Willard and others. Download the Scutify iOS App, the Scutify Android App or visit Scutify.com.

The stock chart of Kandi Technologies Group Inc (NASDAQ:KNDI) is extremely bullish. Anytime investors see a sharp move up, followed by choppy sideways action, it is a positive sign. Kandi Technologies has this beautiful setup and will likely head higher in the coming days. In addition, there is a trend line break that can be watched for a trigger. Note the down-sloping trend line that makes up the top of the triangle. When Kandi Technologies breaks above that line, the buyers will sweep in and the stock will surge. The upside is $8.00 from a current price of $5.26.

View my trades and Verified performance now right here. Simply join Verified Investing for free and anytime I buy a stock/ETF, you will get an email. You can then opt-into the trade getting my exact entry price, target and stop. Those who take my trades, only reward me (a Verified Trader) with a few Dollars IF they get big winning trade information.

Investors eye stock chart breakout on Kandi Technologies


This article was written by Anna B for https://verifiedinvesting.com/pro-traders/article?aid=1460 on .

This article published in collaboration with Scutify, the best app for traders and investors. Download the Scutify iOS App, the Scutify Android App or visit Scutify.com.

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