http://seekingalpha.com/article/2325175-kandi-technologies-dominates-chinas-electric-car-market
This caused an 8% move in KNDI today, pushing it back towards its all-time high.
I was just thinking about KNDI, too, because I bought an electric vehicle myself last Friday and I absolutely believe electric vehicles are the way of the future. I used to trade this stock when it was in the $7-8 range and then I forgot all about it.
KNDI (kandi technologies) is a Chinese electric car producer that is being heavily subsidized by the Chinese government. China really wants KNDI to succeed, and so I'm starting to think I should buy this stock on its next breakout.
I'm looking for it to base out first... Obviously I don't want to buy after the last 6 days' extreme price movement. I'd like to see a consolidation pattern form before we see the breakout, but I'm starting to think this stock is going places.
Anyone have any opinions on electric car makers like TSLA or KNDI? Anything negative?
This caused an 8% move in KNDI today, pushing it back towards its all-time high.
I was just thinking about KNDI, too, because I bought an electric vehicle myself last Friday and I absolutely believe electric vehicles are the way of the future. I used to trade this stock when it was in the $7-8 range and then I forgot all about it.
KNDI (kandi technologies) is a Chinese electric car producer that is being heavily subsidized by the Chinese government. China really wants KNDI to succeed, and so I'm starting to think I should buy this stock on its next breakout.
I'm looking for it to base out first... Obviously I don't want to buy after the last 6 days' extreme price movement. I'd like to see a consolidation pattern form before we see the breakout, but I'm starting to think this stock is going places.
Anyone have any opinions on electric car makers like TSLA or KNDI? Anything negative?