Continuation of uptrend is confirmed by this resistance level break...
Mirrored Harmonic Patterns as it repeats with influx of Volume by MMs
Huge neon bar indicates Dark Pool buys (BSP RAW- TradingView indicator)
China Automotive Systems, Inc., through its subsidiaries, manufactures and sells automotive systems and components in the People's Republic of China. It...
Insider Selloff will scare the bulls away ...
China Automotive Systems Inc (NASDAQ:CAAS) was trading 1.4% lower from the previous closing price. A Form 4 filing filed with the SEC on Tuesday, December 8 showed that Li Jie sold 10,000 shares at an average price of $9.00. The transaction moved the executive's stake in China Automotive Systems Inc. to 91,030...
Pupm&Dump trading strategy idea.
$CAAS is rising without clear preconditions today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $6,63;
stop-loss — $7,28;
take-profit — $5,98;
Do not view this idea as a recommendation for trading or...
China Automotive Systems Significantly Increased Sales to the Rising Chinese EV Market in 2020
- 120,000 steering units shipped for electric vehicle ("EV") models so far in 2020; may reach over 140,000 units by year end 2020
- targets sales of over 200,000 steering units for Chinese EV vehicles in 2021 -
- Sales of Chinese EVs approximately doubled...
Initial PT ≈6. gurufocus DCF fair value = 8.56~42% margin of safety. Increasing revenue over 6 year period. PE, PB and PS indicate very undervalued w/ small float!
The stock surge of CAAS has been established on the expectation that the company will go private. While to my research, the expectation is highly likely to fall through and I recommend to short.
CAAS announced in May that its Board of Directors received a preliminary non-binding proposal letter from its Chairman, Mr. Hanlin Chen, to acquire all the outstanding...
Trend looks super strong.
Chart isn't showing any signs of weakness.
Consolidating around the high.
Looking after the break of 7.05 to get in.
If you want more confidence wait till it break the high @ 7.29
I would like to invest in this company , that recorded high sales for the third quarter in the company history, as their sales accelerated to 24.2% year-over-year in the third quarter of 2013 from a 21.8% year-over-year increase in the second quarter of 2013. they have reported the highest sales for any first, second and third quarters in 2013, resulting in a...
