Kandi Technolgies Corp (KNDI)

[kiy]

Not true...=TA folks hate that reality fact.= News drives PPS...

I've been asking for NEWS for months and years...KNDI is a "story" stock that has (and has had) major issues with lawsuits and exchange investigations for accounting and misleading guidance...and the Market has punished (many times) KNDI for its lack of FACTs that support PRICES like $10...or The $22 that I was telling everyone to take profits at...You have these crypto stocks now and always the biotech stocks =story stocks...that you can trade if you understand technicals and how to manage risk.(which I did a post about this yesterday on the S&P board) ALLLL of these story stocks come with someone trying to hype the stock for no other reason than a story...since facts are still a pipe dream...and they come with con men like the Wolf on Wall Street and come with the naive =who misrepresent the FACTS...

TA people do not hate news they read PRICE...you will find many technicians mark their charts based on NEWS...specific news mainly the last earning report.
If a person was trained right they know there are particular times when you should be reading PRICE and the technical indicators....NEWS is one of those times...if no news and price shows a reversal or better than average daily price move or average daily volume...[color=red]it just asks that you be more alert and consider it suspect until there is more definition.[/color]

The Market anticipates events...a broker upgade and price target is an anticipation out to the next 6 to 12 months...and if the Market wants to price it in today...them fundamental guys are happy...

I believe the fundamental people have more problems with Technicals then the TAs have problems with news AND FUNDAMENTALS... AND MANY FAs SIT ON THEIR FUNDAMENTAL ASS CLAIMING ITS THE MARKET THAT IS WRONG...NOT THEM. TAs have to face the facts...especially the FACTS of the TREND....and when they are on the wrong side of UP or Down relative to the TREND.

NEWS and a trend change are required here for this type of stock...not the 200 day average...in the many years I've traded stocks I've never relied on the 200day average...to me its just a crowd awareness...you're grasping for something to hold onto...there are other more immediate requirements needed form this Company first...

The Hype and false hope coming from some on this board is dangerous and should and could be better...and needs to become more honest...

I'm not suggesting you...thanks for your obsevations...