CBAT NEWS why is Cbak Energy Technology, Inc. price falling or rising
CBAT NEWS reasons for why stock price of Cbak Energy Technology, Inc. is falling or rising
CBAT Cbak Energy is falling or rising technical reasons
Technical analysis forecast of Cbak Energy Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Cbak Energy CBAT at this time. Stock is rising and might rise more.
It appears as if Cbak Energy CBAT gave a large move recently.
Stock of Cbak Energy (CBAT) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!
My analysis of Cbak Energy is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Cbak Energy stays above 1.1, but if it comes below 1.1, then a intra day sell could be more profitable.
If you take a sell trade below 1.1, then use 1.1 as stoploss and 1.03 as target. However if you take a buy trade in Cbak Energy, then use 1.1 as stoploss and 1.2 as target.
CBAT Cbak Energy is falling or rising NEWS fundamental reasons
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CBAT Cbak Energy Technology, Inc. current price & indicator signals
Recent prices of CBAT Cbak Energy Technology, Inc. are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 01 Wed May 2024 | 1.15 | 1.06 to 1.15 | 4.55% | 1.11 times |
| 30 Tue Apr 2024 | 1.10 | 1.05 to 1.10 | 2.8% | 1 times |
| 29 Mon Apr 2024 | 1.07 | 1.05 to 1.08 | 1.9% | 0.93 times |
| 26 Fri Apr 2024 | 1.05 | 1.01 to 1.06 | 1.94% | 0.88 times |
| 25 Thu Apr 2024 | 1.03 | 1.01 to 1.04 | -1.9% | 0.43 times |
| 24 Wed Apr 2024 | 1.05 | 1.00 to 1.08 | 3.96% | 2.01 times |
| 23 Tue Apr 2024 | 1.01 | 0.96 to 1.02 | 5.21% | 0.58 times |
| 22 Mon Apr 2024 | 0.96 | 0.93 to 1.00 | 0% | 1.23 times |
| 19 Fri Apr 2024 | 0.96 | 0.93 to 0.99 | 1.05% | 0.36 times |
| 18 Thu Apr 2024 | 0.95 | 0.92 to 0.99 | 3.26% | 1.34 times |
| 17 Wed Apr 2024 | 0.92 | 0.92 to 0.99 | -3.16% | 1.24 times |
| 16 Tue Apr 2024 | 0.95 | 0.93 to 1.02 | 3.26% | 2.63 times |
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