Smart Powerr Corp. engages in the provision of energy savings and recycling products and services. It offers waste energy recycling projects for industrial applications and develops a Build-Operate-Transfer model to provide energy saving and recovery facilities for multiple energy intensive industries in China. The company was founded by Guo Hua Ku on May 8, 1980...
We have been witnessing an incredibly fast upwards move in CREG stock that is currently halting. The impressive thing is, it follows support and resistance almost perfectly, and it just hit a resistance point. I am shorting because apart from being at a strong resistance, MACD is showing hidden bearish divergence on multiple timeframes and RSI is heavily...
This 50 fib level for CREG stock has been a pivot for months. No matter if it's broken out or slid lower, this area remains a magnet for the stock. With higher volume recently and a stronger uptrend on 7/19, 50 fib level is once again a point of interest and an important level to watch. Either way, it's come a long distance since it was on the list of penny...
China Recycling Energy Corporation Common Stock (NASDAQ:CREG) is finally starting to break out. The stock hit bottom in the low $6.80's and has started to work its way higher. Yesterday it was up over 14% on a breakout type move.
CREG, in the sector of energy, has in my opinion, consolidated at a price +/- 7$. The sector has a lot of potential and is extremely undervalued ($20M market cap when they have $100M in cash) and they recently completed and audited their 10-k application, which has amazing numbers. Here is a recap of their important numbers :
Cash : $107,8M (2020) vs $16,2M...
China Recycling Energy Corporation engages in the recycling energy business in China. The company designs, finances, constructs, installs, operates, and transfers waste energy recycling projects to mid- to large-size enterprises involved in high energy-consuming businesses. It provides waste pressure-to-energy solutions, including the Blast Furnace Top Gas...
Contextual immersion trading strategy idea.
China Recycling Energy Corporation engages in the recycling energy business in China.
The demand for shares of the company still looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $3,07;
stop-loss — $2,49.
Information about...
When I use to trade stocks, I mainly focused on penny stocks. I guess you can say I like to trade the high risk to high reward. This one has a nice size volume spike off bottom range on 2 week chart. Testing breakout. A break above 50 cents will surge. I like how this setup looks. Remember if you're going to put penny stocks in your portfolio than it's a good idea...
RSI showing bullish signs, as stock goes flat for some time now, could mean a surge.
Aroon Down showing signs of weakness, but no upward cross right now on a Daily range.
Should check fundamentals as well...
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Hello guys, posting these analysis publicly to share my trading ideas with my classmates.
These ideas are normally made for...
Hello Traders! This stock came up today as a big initial runner, I didn't find any meaningful news on this stock please comment below if i'm wrong on that. But looking at the technical's they look strong for a potential continuation tomorrow, so ill be watching. For the uptrend to continue we will need to see a break and re-test of the 0.51 level. That would...
