NASDAQ:CBAT   CBAK Energy Technology, Inc.
Demand 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.
Trade active:
Buy 2023 Jan C5 0.45x3 (Delta=0.41)
If price goes up, prepare to sell C10 (right now 0.18);
Trade active:
Sold C10 0.55x3, a winner already
Hold 2023 C5/10 for free.
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.