$UXIN A Good Risk/Reward Setup

UXIN looks set to keep climbing judging from the $2 support level and the trend line support at the $2.20 to $2.50 level. UXIN has a history of explosive moves and UXIN could be setting up for another explosive move higher.

About UXIN

Uxin Limited, an investment holding company, operates an used car e-commerce platform in China. It operates Uxin Used Car, an application that provides consumers with customized car recommendation, standardized reports of car conditions financing, title transfer, delivery, insurance referral, warranty and other related services; and Uxin Auction, an application that helps business buyers to source vehicles through online auctions. The company also facilitates used car transaction services, and financing solutions offered by third-party financing partners to buyers for their used car purchases through Websites, xin.com and youxinpai.com. Uxin Limited was founded in 2011 and is headquartered in Beijing, China.

As always, trade with caution and use protective stops.

Good luck to all!