Buy above 7.5
Revenue acceleration increasing every quarter and likely to continue for most of the year. Lithium ion batteries are currently the best price to performance ratio batteries we can have until things like graphene batteries become more advanced or something else. With lots of interest this year in EVs and clean energy, Lithium ion battery is necessary to temporarily store any kind of energy we generate so demand will increase, revenues will increase for most of the year. Until revenues begin to stabilize we can stay long.
Technically speaking we are still in an uptrend above 7.5ish below that is uncertain territory and we can look to close or headge.
11-15 is a good short term target for traders.
Good Luck and Follow for more!
Revenue acceleration increasing every quarter and likely to continue for most of the year. Lithium ion batteries are currently the best price to performance ratio batteries we can have until things like graphene batteries become more advanced or something else. With lots of interest this year in EVs and clean energy, Lithium ion battery is necessary to temporarily store any kind of energy we generate so demand will increase, revenues will increase for most of the year. Until revenues begin to stabilize we can stay long.
Technically speaking we are still in an uptrend above 7.5ish below that is uncertain territory and we can look to close or headge.
11-15 is a good short term target for traders.
Good Luck and Follow for more!