SAIC Motor - Gents' please start your engines
After long period of consolidation, SAIC is of all Chinese E-Cars Producers in second line.
But - Most others (NIO, BYD etc) gained in a very short time. The potential is in short time limited, especially NIO is very much too high.
In hunting other shares, the market will discover SAIC & push'em up.
technical remarks:
- good OBV
- outbreak Chanel
- double bottom sl in preparation
- impulsive EW structure
Price: 25.55
But - Most others (NIO, BYD etc) gained in a very short time. The potential is in short time limited, especially NIO is very much too high.
In hunting other shares, the market will discover SAIC & push'em up.
technical remarks:
- good OBV
- outbreak Chanel
- double bottom sl in preparation
- impulsive EW structure
Price: 25.55
Note
Read alsoreuters.com/article/us-saic-electric/chinas-biggest-automaker-saic-to-have-nearly-100-new-ev-models-by-2025-idUSKBN26J1AG
Company covers all engine technique including H2
Trade active
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.