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CBAK Energy Technology, Inc.
Long

CBAT EV PLAY.. BULLISH WEDGE

373
Based on the recent trend, CBAT is looking to break out of this wedge. Target is $10, though I have noted the shorter term Fib. with the dotted lines. Although, this evening I did notice large put volume at near the close of the day. Will need to dig into that more. Currently holding Feb. 7.50 Call.

barchart.com/stocks/quotes/CBAT|20210219|5.00P/interactive-chart
Apollo_721
Chart PatternsTrend Analysis

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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.
Chart PatternsTrend Analysis
Apollo_721

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.