Definitely a long term investment for every portfolio size.
Fundamental:
The Company delivers solutions to produce, store and distribute hydrogen from renewable energy. Nel ASA serves industries, energy and gas companies with hydrogen technology. The Company’s hydrogen solutions cover the entire value chain from hydrogen production technologies to manufacturing of hydrogen fueling stations, providing fuel cell electric vehicles with the same fueling and long range as conventional vehicles.
They working on a new processing technology which will reduce the manufacturing costs drastically.
It is just a matter of time that big car companies will produce hydrogen vehicles in mass. NEL ASA provides the hydrogen technique.
Financial Q3 showed a revenue rise.
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Technical:
Upward trend.
Bollinger Band: Long
Sochastic RSI: Long
Moving Average(100):Long
Fundamental:
The Company delivers solutions to produce, store and distribute hydrogen from renewable energy. Nel ASA serves industries, energy and gas companies with hydrogen technology. The Company’s hydrogen solutions cover the entire value chain from hydrogen production technologies to manufacturing of hydrogen fueling stations, providing fuel cell electric vehicles with the same fueling and long range as conventional vehicles.
They working on a new processing technology which will reduce the manufacturing costs drastically.
It is just a matter of time that big car companies will produce hydrogen vehicles in mass. NEL ASA provides the hydrogen technique.
Financial Q3 showed a revenue rise.
__________________
Technical:
Upward trend.
Bollinger Band: Long
Sochastic RSI: Long
Moving Average(100):Long