Breakout Watch 29Dec2024 - $CBATWatch out for this stock in the short term - May deliver significant potential upside.
Note: This is not a recommendation or investment advice, just a stock to watch. Do your own research.
CBAT trade ideas
CBAT Multiple Bottom WedgeMultiple bottom combined with a wedging formation could setup a nice rip off break
CBAT LongDowntrend Wedge breakout
Weekly Support line confirmation
Entry 1.35
Stop 0 -- no Stop, this is gamble
Target 4.6, 8.5
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
CBAT LongDemand Zone, not confirmed. Waiting for trendline break.
RSI Divergence
Entry 2.55
Stop 1.95
Target1 5
Target2 9.4
Risk management is much more important than a good entry point.
The max Risk of each plan should be less than 1% of an account.
I am not a PRO trader. I trade option to test my trading plan with small cost.
CBAT oversold! Price target and stop lossCBAK Energy Technology, Inc. (CBAT) oversold on the daily!
Based on support and resistance we have:
Price target: 4.70usd
Stop loss:0.93usd
Strong Buy Signal in CBAKAmidst today's closing, we were given a strong buy signal in CBAK Energy Technology. This signal is entirely based on the much sophisticated RSI strategies, that identify levels of max pain both in accumulations and distributions alike.
If you look at the charts, you can see the historical results upon closing on the lower bullish red line.
These results speak for themselves, as they always do with these thus far well-kept secret strategies.
CBAT wave analysisWe have met our Macro wave one ending at our 5 minor wave 5 moving into correction wave 2 while creating a bullish abc wave pattern at the moment we are creating a sideways creation of a flat then a 5 wave correctional back down to the 0.5, 0.618 fib retracement and maybe a possible bullish truncation before wave 5 to then make another 5 wave macro back up creating the 3rd leg up making another AH but I've shown just set aside the targets for the abc wave pattern with Target #1 and Target #2 we also have daily bullish and 4hr bullish momentum with mfi pointing it wants to come into the green
As always happy trading : )
$CBAT CBAK Energy Trade Setup
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ADDED to $CBAT New Target 7.30 for 46.00% $CBAT Target 7.30 for 46.00%
Or next add level is at 2.70
I really like energy stocks... they are all getting crushed right now. Building this position has been work. A bear market is so different from a bull market but it will rage again... GL
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
CBAT LongDouble Bottom
Price crossed SMA13
SMA200 support
OBV>OBV34
W%R crossed -80
Entry 4.7
Stop 3.7
Target 11
I am not a PRO trader. I trade option to test my trading plan with small cost.
The max Risk of each plan is less than 1% of my account.
If you like this idea, please use SIM/Demo account to try it.
$CBAT Target 8.06 for 39.93% $CBAT Target 8.06 for 39.93%
Or next add level is at 3.46
I did not add here... just charting...
On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
$CBAT Target 8.06 for 39.93% - Or next add level at 3.46$CBAT Target 8.06 for 39.93%
Or next add level at 3.46
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
CBAT Day/Swing-Trade IdeaCBAT's descending wedge trend has reversed into an up trend.
Little resistance is expected until it hits the $6.02 local fibonacci retracement support/resistance level.
A day trade may be possible from $5.50 - 6.02 range.
*Note - Prices tend to peak between 9:30 AM and 11:30 AM EST historically (See Chart).
A swing trade may be possible from $5.50 - $7.24 over the next week.
$cbat higher lows without volume $nasdaqStrong Long to 15$ minimum !
decline without volume.
improving balance sheet and battery revolution
