Technical Analysis Of Smart Powerr Corporation

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TM Editors' note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.

Today’s instrument is Smart Powerr, a corporation that engages in the waste energy recycling business in China, and it is traded on the Nasdaq exchange under the ticker CREG

Looking at the CREG‘s chart, we see that it was lastly traded at around $1.65. Today it is announcing its quarterly earnings, and if the market’s anticipation is positive, then we could expect it to rise toward its resistance level at around $2, otherwise, it should test its support level at around $1.50-1.55.

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AAATrade's Intraday Technical Analysis of Smart Power Corporation - 03/07/2023

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