Trading Idea - #VicinityMotor

NASDAQ:VEV   Vicinity Motor Corp.
My trading idea for Vicinity Motor - BUY

Long-term target: 4.00 USD (+260% profit)

Vicinity Motor Corp. has received an order from Pioneer Auto Group to supply 1,000 electric trucks.

Sales of more than US$100 million are planned.
The final delivery date is the end of 2023. Deliveries as part of the order are expected to begin this month.

Apart from that, the share is at an important support line, which could be confirmed by the positive news!


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