Aug. 7 at 1:26 AM
$UXIN [Again] Restart/build/add here
$3.2-3.7. The stock is trading on a Bull flag consolidation pattern,
$3.25-5.25 with the hope/expectation of a breakout to the upside above
$5.25 resistance. Liquidity is a concern (admittedly); however, the Company has a strong business model that continues to show material sales growth, improving margins both at the IRL and Corporate level. The Company has best-in-class Customer Satisfaction, 30D inventory turn (best in industry), triple-digit YoY growth, positive EBITDA at IRL and Corporate level now with the hope/expectation to scale, expand over the next 12-18mos and generate positive FCF. CVNA for China - multiplier upside intermediate/long term (IMO)