Cango Inc on breakout alert

Cango, Inc. (Cayman island) is a holding company, which engages in the development and operation of automotive transaction service platform for connecting dealers, financial institutions, and car buyers. It operates the digital automobile trading platform which enables registered dealers to access additional car sourcing channels with value-added services including logistics and warehousing support. The company was founded by Jia Yuan Lin and Xiao Jun Zhang in October 2017 and is headquartered in Shanghai, China.
P/e ratio 25