AI dynamic motors getting some pop this week. Expecting some positive earnings in 2020 with new use in electric bicycles, await some EV uses.
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Pop cannon week for this one. Huge potential with AI for dynamic motors to optimize something that hasn't for near a century.
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Rentry position at 0.18
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Trade active:
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Spike today with some profit takers during Technology presentation by CEO Sue Ozdemir this morning, formerly with GE Industrial Motors 9 years and . 90% of uses will be covered by own labs, with other 10% requiring a partner, due to size of motor and qualifications (>300 KW). Profitability is estimated in 2023 with many EV motor applications taking 4 months to close on fast end to 6-9 months on slow end and they are taking an approach to grow their lab capabilities from 200KW motors to 300KW motors this year. A unique technology offering an improvement in torque for electric motor technology with dynamic power control.
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Sue entering automotive leadership council and good exposure for the real deal partnerships. Holding long, limit entries/exits for 1/3.
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Fibonacci hitting expected resistance zone this week with announcement of 1st automotive approval