BREAKOUT STOCK SELL ALERT
$KXIN - Kaixin Auto Holdings - Ordinary Share
Initial Alert Price: $4.32
Price High: $3.64
% Gains/Losses: -15.74%
(-37.3% Less Than Expected)
KXIN actually hit $4.95 the day we released this alert and then retested the $4.75 Price Levels of Resistance again on Jan. 21st. The stock continued to show signs of not having the momentum to continue moving higher and is currently trading in a downtrend. We are see signs of a potential reversal, but we are not seeing signs of volume to support the move at this time. We will be closing this alert for a -15.51% Loss due to falling below our -10% Sell Threshold, but we will also be adding this to our watchlist for an additional potential move to the upside.
#Breakout #Stocks #Trading #Investing #Alerts #StockMarket #Daily #News #Today
$KXIN - Kaixin Auto Holdings - Ordinary Share
Initial Alert Price: $4.32
Price High: $3.64
% Gains/Losses: -15.74%
(-37.3% Less Than Expected)
KXIN actually hit $4.95 the day we released this alert and then retested the $4.75 Price Levels of Resistance again on Jan. 21st. The stock continued to show signs of not having the momentum to continue moving higher and is currently trading in a downtrend. We are see signs of a potential reversal, but we are not seeing signs of volume to support the move at this time. We will be closing this alert for a -15.51% Loss due to falling below our -10% Sell Threshold, but we will also be adding this to our watchlist for an additional potential move to the upside.
#Breakout #Stocks #Trading #Investing #Alerts #StockMarket #Daily #News #Today
Tim Burks | Founder - MyMI Wallet
Empower your finances with our Personal Budgeting and Investment Forecasting Tools. Unlock your investment potential today at MyMI Wallet.
www.mymiwallet.com
Empower your finances with our Personal Budgeting and Investment Forecasting Tools. Unlock your investment potential today at MyMI Wallet.
www.mymiwallet.com