Nuburu Inc is a leading innovator in high-power, high-brightness blue laser technology that is focused on bringing breakthrough improvements to multiple markets, including e-mobility, healthcare, and consumer electronics via a broad range of high-value applications that include welding and 3D printing. It is currently shipping blue laser systems for applications such as EV batteries, large screen displays, and cell phone components.
Disclaimer: The information provided here is for informational purposes only and is not intended as financial advice.
Investment Overview (As of 03/05/2024):
Shares in Float: 19.51 million
Relative Volume: 1.33
Technical Analysis:
Observation: This investment is predominantly a technical play, showing a consistent uptrend and a gradual increase in trading volume.
Critical Resistance Levels:
The price must break $0.25 for further upward movement.
Key resistance levels to watch are $0.37, $0.44, $0.52, $0.78, and $1.00. Breaching these levels may signal further upward momentum.
Trading Strategy:
Take Profit (TP): Aim to take profits at around $1.30 to optimize returns.
Stop Loss (SL): Place a stop loss just below $0.17 to limit potential losses.
Chart Analysis:
For a detailed visual analysis, including trend lines and price movements, refer to the accompanying chart.
Trading Caution:
Choose a strategy that aligns with your understanding of the market and personal risk tolerance.
Conduct thorough research or consult a financial advisor before making trading decisions.
Disclaimer: The information provided here is for informational purposes only and is not intended as financial advice.
Investment Overview (As of 03/05/2024):
Shares in Float: 19.51 million
Relative Volume: 1.33
Technical Analysis:
Observation: This investment is predominantly a technical play, showing a consistent uptrend and a gradual increase in trading volume.
Critical Resistance Levels:
The price must break $0.25 for further upward movement.
Key resistance levels to watch are $0.37, $0.44, $0.52, $0.78, and $1.00. Breaching these levels may signal further upward momentum.
Trading Strategy:
Take Profit (TP): Aim to take profits at around $1.30 to optimize returns.
Stop Loss (SL): Place a stop loss just below $0.17 to limit potential losses.
Chart Analysis:
For a detailed visual analysis, including trend lines and price movements, refer to the accompanying chart.
Trading Caution:
Choose a strategy that aligns with your understanding of the market and personal risk tolerance.
Conduct thorough research or consult a financial advisor before making trading decisions.
Trade closed: stop reached:
hit 0.326 in pre market yesterday then dropped SL hit
Comment:
big spike after SL hunt