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Nasdaq Tiny Float Idea Closed Friday Above 3 Key Lines Of Potential Support (Company Announces Record Revenue)
Full Report Arrives At 7:00PM EST Tonight Or 9:30AM EST Tomorrow
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May 14th
Greetings Readers,
The automotive industry is experiencing a significant shift towards electric vehicles (EVs).
With this shift, the global EV market is expanding at a CAGR of 21.7%, with a projected growth of 39.21 million units by 2030.
These EVs run on rechargeable batteries, offering benefits such as reduced operating costs and a growing range of models.
And battery performance is key to the EV experience. Currently, Stanford University's machine learning program is reducing battery testing times by 98%, making rapid recharging a more realistic option.
Even Federal tax credits are making the total cost of owning an EV more competitive with gasoline-powered vehicles.
And because of all of these things, the expansion of charging infrastructure is going to be essential for increasing EV adoption.
One notable technology company with a diverse portfolio, including electric vehicle charging solutions, has a game-changing subsidiary under their roof that has developed an AI-based robotic system for automatic wireless charging of EVs.
Long story short, its commitment to technological innovation makes it a company worth monitoring in the dynamic landscape of EVs and AI.
At either 7:00PM EST tonight or 9:30AM EST tomorrow, the complete report arrives. Be on the lookout.
In it, you'll receive a key company breakdown including a list of potential breakout catalysts including these:
#1. This is a tiny float profile with fewer than 2Mn shares in its float. That means volatility will need to be watched for closely.
#2. The company recently announced "Record" fi-nan-cials including massive revenue growth.
#3. At close on Friday, this profile closed above 3 key lines of potential chart support including its 50-Day Simple Moving Average (SMA), 200-Day SMA, and its 13-Day Exponential Moving Average.
Could this all help provide a spark going into Monday's opening bell for this Nasdaq breakout idea?
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