Could China Auto Logistics Inc (CALI) Decrease Even More? The ... - WeeklyHub

August 26, 2017 - By Richard Conner

The chart of China Auto Logistics Inc (CALI) shows a double bottom with $1.98 target or 6.00 % below today’s $2.11 share price. The 7 months chart pattern indicates high risk for the $8.90M company. It was reported on Aug, 26 by Finviz.com. If the $1.98 price target is reached, the company will be worth $534,000 less. Double bottoms are rare but powerful chart patterns.

The stock increased 3.05% or $0.06 on August 25, reaching $2.11. About 29,995 shares traded. China Auto Logistics Inc (NASDAQ:CALI) has risen 125.69% since August 26, 2016 and is uptrending. It has outperformed by 108.99% the S&P500.

More notable recent China Auto Logistics Inc (NASDAQ:CALI) news were published by: Seekingalpha.com</a> which released: “China Auto Logistics’ (CALI) CEO Tong Shiping on Q2 2017 Results – Earnings …” on August 16, 2017, also Prnewswire.com</a> with their article: “Today’s Research Report Coverage on Auto Dealerships Stocks — Carvana, China …” published on July 26, 2017, Marketwired.com</a> published: “China Auto Logistics Reports 2016 Full Year Results” on March 28, 2017. More interesting news about China Auto Logistics Inc (NASDAQ:CALI) were released by: Quotes.Wsj.com</a> and their article: “China Auto Logistics Inc.” published on February 12, 2011 as well as Seekingalpha.com</a>‘s news article titled: “SEC Brings Fraud Charges Against Promoters Of China Auto Logistics And Guanwei …” with publication date: May 07, 2014.

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