Scalper1 News
BitAuto’s (BITA) stock is showing signs of topping as it plunged 17% on weak China car sales data. The drop has caused the stock’s late-stage breakout to fail. That failure, coupled with having a climax run, are signs of a top. Rival Chinese auto information site Autohome (ATHM) fell 8%, slicing through key support levels IBD TV’s Alissa Williams explains. Follow Alissa on Twitter: @IBD_AWilliams. Scalper1 News
Scalper1 News