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Analysis: #NASDAQ $CBAT
Case 545 #CBAK Energy Technology, Inc.
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
CBAT 1/3
Case 545 #CBAK Energy Technology, Inc.
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
CBAT 1/3
Daily Chart: Breaking down lower, heading towards the #pivot 4.15, a close below 4.08 targets the #SMA 200 at 4.00 then trendline support at 3.73. Farther down good #support 2.89/36. Significant #resistance begins at .....
CBAT 2/3
CBAT 2/3
..... the SMA 50 at 6.12 then clustered 6.59/78 (pivot and control). Next #trendline support turned resistance at 8.66. Bullish only above 10.80.
The #Strategy is printed on the image.
CBAT 3/3
The #Strategy is printed on the image.
CBAT 3/3
