CBAT oversold! Price target and stop lossCBAK Energy Technology, Inc. (CBAT) oversold on the daily!
Based on support and resistance we have:
Price target: 4.70usd
Stop loss:0.93usd
Cbak
Strong Buy Signal in CBAKAmidst today's closing, we were given a strong buy signal in CBAK Energy Technology. This signal is entirely based on the much sophisticated RSI strategies, that identify levels of max pain both in accumulations and distributions alike.
If you look at the charts, you can see the historical results upon closing on the lower bullish red line.
These results speak for themselves, as they always do with these thus far well-kept secret strategies.
Conformation of an Uptrend within $CBATPurely technical trade- do your own research and invest at your own risk.
This one is a beauty, guys and gals! EV play within the battery space. Potential heavy hitter for the next few years
