Date Expected Range Rationale
17-Mar-2025 $2.25 – $2.55
Consolidation near March 17 resistance ($2.72); pre-market surge (5.09%) on Morgan Stanley upgrade suggests bullish momentum.
18-Mar-2025 $2.20 – $2.65
Volatility risk from mixed capital flows (5-day net outflows) and high volume ratio (7.88).
19-Mar-2025 $2.15 – $2.70
Potential retest of $2.72 resistance if AI/EV sector sentiment improves. Watch for short-covering (short volume ratio: 12.86% on 14-Mar).
20-Mar-2025 $2.10 – $2.60
Profit-taking risk amid weak fundamentals (EPS: -1.25, ROE: -54.15%) and analyst caution (9 "hold" ratings).
21-Mar-2025 $2.05 – $2.75
Weekend gap risk due to low float (1.21B shares) and speculative trading.
Enjoy the profit 😜
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