wealth_bakery

VMC - Fundamentally strong EV play on the verge of breakout

Long
wealth_bakery Updated   
TSXV:VMC   VICINITY MOTOR COR
VMC is trading at 1x sales with pending NASDAQ uplisting. A rare combination of strong fundamentals and bullish technical setup. Current selling pressure is due to warrants which expire on June 18th.
Bullish biased Inverse Head & Shoulders or Cup & Handle, whichever you prefer. Bollinger Squeeze. Could see a big move soon, IMO.
Comment:
Trading on NASDAQ on July 7: mark your calendars!

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