I like the look of KNDI in the medium-term if it can work it’s way over that horizontal resistance.
click chart for full-size
Most of the setups I posted last week never filled or got stopped-out in the brutal environment we just saw.
The buy signal I posted here on 5/22 switched to a sell last Tuesday.
This means I’m trading defensively for the time being. Sure there will be bounces, but when the signal is on a sell it’s time to be cautious, just like in January and March.