This current setup indicates good value on decent fundamentals with a strong technical support line at 65USD.

Business Fundamentals
-Majority owned by Chinese Insurance Giant, Ping An Group
-Part of HangSang Tech index (30 selected tech firms)
-Dual-listed on HKSE & NYSE, interchangeable 1ADR to 4 HK listed shares (removes delisting fears)
-Stable & consistent High Margins business over 10 yr period (88% gross margins, Net Margins of 39%, FCF to Sales % of 35%)
-In a much better position (Financially & Operating business margins) as compared to other listed rivals UXIN & CANG (lower margins & UXIN is heavy in debt)

Valuation
-Cash of 19USD per share with no debt
-Generates 4.3 USD EPS / 4 USD FCF per share
-EPS Growth projected at 11% CAGR for next 3 years
-At 63USD that is a 10 P/E ex-cash or a 15 P/E
-For context, it usually trades at an average Price to operating earnings of 22 (based on 5yrs avg ). Highs at 51x P/E with lows at 15x P/E.
-If it reverts to the mean valuation of 22x P/E by 2023, we can expect a 116% ROI and a 35% annualized return from now(July 2021) to 2023

Technicals
-Seems to have a strong resistance/support line at 65USD, which have been tested and bounced off many times (Oct 2018 & March 2020)
-At a price of 65USD & below, seems like a good entry point