Technical levels line up from previous areas of resistance. Does
IDEX
have enough juice to continue this rebound? Big question mark there but with surges in EV penny stocks, sympathy momentum could play a role. Of all of its endeavors, I actually am starting to like this tractor play. I didn't know these were actually industrial-style tractors.
As far as electric vehicles and Ideanomics are concerned, a few things are going on right now. Most recently, the company’s portfolio company, Solectrac, has been ramping up for expanding its vehicle reservation campaign. Solectrac develops all-electric tractors. According to the company, it’s the first North American manufacturer & distributor of zero-emission electric tractors. The retail prices range from $29,800 to $55,000, so we’re not talking about personal “John Deere” tractors for your front yard.
Quote Source: Making A List Of Penny Stocks? 4 Hot EV Stocks To Watch In March 2021
IDEX
have enough juice to continue this rebound? Big question mark there but with surges in EV penny stocks, sympathy momentum could play a role. Of all of its endeavors, I actually am starting to like this tractor play. I didn't know these were actually industrial-style tractors. As far as electric vehicles and Ideanomics are concerned, a few things are going on right now. Most recently, the company’s portfolio company, Solectrac, has been ramping up for expanding its vehicle reservation campaign. Solectrac develops all-electric tractors. According to the company, it’s the first North American manufacturer & distributor of zero-emission electric tractors. The retail prices range from $29,800 to $55,000, so we’re not talking about personal “John Deere” tractors for your front yard.
Quote Source: Making A List Of Penny Stocks? 4 Hot EV Stocks To Watch In March 2021