China Auto Logistics Inc (CALI)'s Trend Down, Especially After Forming a Double Bottom Chart Pattern - Weekly Register

September 21, 2017 - By Nellie Frank

The chart of China Auto Logistics Inc (CALI) shows a double bottom with $1.91 target or 8.00 % below today’s $2.08 share price. The 7 months chart pattern indicates high risk for the $8.39M company. It was reported on Sep, 21 by Finviz.com. If the $1.91 price target is reached, the company will be worth $671,200 less. Double bottoms are rare but powerful chart patterns.

The stock decreased 3.70% or $0.08 during the last trading session, reaching $2.08. About shares traded. China Auto Logistics Inc (NASDAQ:CALI) has risen 125.69% since September 21, 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: Quotes.Wsj.com</a> which released: “China Auto Logistics Inc.” on February 12, 2011, also Seekingalpha.com</a> with their article: “SEC Brings Fraud Charges Against Promoters Of China Auto Logistics And Guanwei …” published on May 07, 2014, 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: Seekingalpha.com</a> and their article: “China Auto Logistics’s (CALI) CEO Tong Shiping on Q1 2017 Results – Earnings …” published on May 16, 2017 as well as Thestreet.com</a>‘s news article titled: “China Auto Logistics (CALI) Stock Soaring on Subsidiary Sale” with publication date: June 07, 2016.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Let's block ads! (Why?)

Read Full Article China Auto Logistics Inc (CALI)'s Trend Down, Especially After Forming a Double Bottom Chart Pattern - Weekly Register : http://ift.tt/2xiqndb

Bagikan Berita Ini