Sunday, February 11, 2018 7:05:01 PM
Its been a long time since I've seen any specific news about Govt subsidies...I recall some news with talk of infrequent and smaller subsidies...subsidies have been kind of inconsistent at best...like Kandi has also been. (See earlier posts)
THAT IS NOT VERY PROMISING IN MY MIND...KNDI needs to keep it's shareholders bettered informed...no excuse for this...
Like in Life...when the excuses stop...progress happens...
Need news or if any attempt to mover above resistance fails...it could fail big=$4. I'm not saying it will go to 4; but a bounce here without news is not a confidence builder...
I don't listen to news intraday...the charts will re-act and if I like the stock I take the trade...and look for news after hours...
Daily chart... based on support/resistance...resistance is $5.50 until it isn't....And next...as you can see on the chart...for KNDI's Price to even get it's head above water...it would have to be above KAMA indicator at $5.86
Enjoy ...good trades...
Recent KNDI News
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Coinllectibles' Subsidiary, Grand Town Development Limited, Acquires Rare Song Dynasty Ceramics Worth Over USD28million • COSG • Apr 18, 2024 8:03 AM
