AwesomeStocks Donât want emails from us anymore? Click [here]( to unsubscribe. Hello! New Alert: Jiuzi Holdings, Inc. (NASDAQ: JZXN) JZXN is our brand new NASDAQ high volatility alert. JZXN has a history of experiencing increased upside. Looking at the chart, JZXN could be positioning for a major bounce higher. Over the past few weeks JZXN has been consolidating, but yesterday formed what could be the start of a bullish breakout higher. Furthermore, JZXN has a RSI of 46, suggesting increased opportunity for gains. JZXN could present a breakout opportunity with a chart setup suggesting the potential for increased gains. The last time one of our alerts had a similar chart pattern, it experienced high gains. JZXN, âheadquartered in Hangzhou, China, and established in 2017, franchises and operates retail stores under the brand name "Jiuzi" to sell New Energy Vehicles ("NEVs") in third and fourth-tier cities in Chinaâ. JZXN âmainly sells battery-operated electric vehicles and sources NEVs through more than twenty NEV manufacturersâ. JZXN has â51 operating franchise stores and one company-owned storeâ. Earlier this year, the company announced: âJiuzi Holdings Inc. Signs Extension Agreement with Dongfeng Fengon and Plans to Launch Extended Range and Battery-Swapping electric MPVâ Here are some of the companyâs comments from this press release: âJiuyao MPV is custom-made vehicle based on Dongfeng Fengon's MPV model "Fengon 380." The customized version has an extra-large space of 5 cubic meters. It is equipped with BYD's superior blade battery, enabling Jiuyao MPV's CLTC, or the China Light-Duty Vehicle Test Cycle to range up to 310km. Since Jiuyao MPV has gained considerable accolades from the market, the Company plans to further launch an upgraded version in the first half of 2023. The new version will be installed with an extended-range battery, which allows the CLTC range to increase to 351km. Meanwhile, the battery can also be swapped so that Jiuyao MPV owners can change out dead or dying batteries for fully charged ones in a matter of minutes.â Furthermore: "We are pleased to see that we have extended the contract with Fengon. It is an important recognition of Jiuzi's industry position and brand image in the domestic new energy vehicle retail market," said Mr. Shuibo Zhang, CEO of Jiuzi Holdings, Inc. "We are impressed with Fengon's state-of-the-art technology, strong middle platform and back-office service capabilities. The success of our two custom-made models will strengthen our confidence to implement our new strategy to play a key role in connecting the automakers and the traditional car dealerships." In addition, the company also announced: âJiuzi Holdings Inc. Establishes Two Regional Operations Centers by Forming JVs with Local Partnersâ Here are some of the companyâs comments from this press release: â"We are delighted to celebrate the establishment of two regional operations centers," said Mr. Shuibo Zhang, CEO of Jiuzi Holdings, Inc. "This is the debut of our newly launched subsidiary, Jiuzi Haoche, which was built to implement Jiuzi's "asset-light" strategy. Jiuzi Haoche focuses on empowering the regional operations centers by leveraging Jiuzi's advantages in vehicle sourcing while leaving the daily operation and market exploration to the Local Partners. We believe this new "asset-light" strategy will accelerate Jiuzi's pace to become one of the leading NEV dealers in China."â In July, the company announced: - âJiuzi Holdings Inc. Announces Closing of $2.3 Million Registered Direct Offeringâ Most recently, the company announced: - âJiuzi Holdings Inc. Regains Compliance with Nasdaq Minimum Bid Price Requirements for Continued Listingâ JZXN could be in a position to experience increased growth. Make sure to do your own due diligence. Sources: [PR1]( [PR2]( [PR3]( [PR4]( [Chart]( Happy Trading! AwesomeStocks Note: We encourage all traders and investors to develop personal trading rules that you can follow and that work for you. Always protect your downside and note that we alert extremely volatile short-term opportunities. Before investing in securities, you should always consult with your financial, tax and legal advisor and never invest money you cannot afford to lose. DISCLAIMER You should read and understand this disclaimer in its entirety before joining the website or email/blog list of AwesomeStocks.com (the âPublisherâ). 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