SAIC Motor - Gents' please start your engines
Updated
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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