Vision Marine Technologies Inc. (VMAR) Is Set For A Breakout The price of Vision Marine Technologies Inc. (VMAR) is gearing up for a massive bullish sprint amidst recent fundamental and technical factors.
The stock is set to break key resistance point for a bullish reversal. The 61.8 and 50% Fib levels are the integral levels NASDAQ:VMAR is set to break to make a comeback with massive gains in sight.
Adding to the bullish thesis is the RSI at 38 connoting oversold regions, now the buyers or bulls will take the baton from the bears and take the asset up.
In another bullish tone, Vision Marine Technologies Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"), together with its recently acquired retail network Nautical Ventures, an award-winning Florida-based dealership group with eight locations, today announced the filing of a new patent application, VM1015US01, with the United States Patent and Trademark Office.
The Company's 13th patent filing introduces an intelligent cooling-inlet assembly located on the electric outboard of Vision Marine's E-Motion™ 180E high-voltage electric marine powertrain, designed to enhance efficiency, reliability, and ease of maintenance for electric boat users. This development reinforces Vision Marine's growing portfolio of proprietary technologies and supports its strategy to integrate innovation with scalable retail and service operations.
About VMAR
Vision Marine Technologies Inc. designs, develops, manufactures, rents, and sells electric boats in Canada, the United States, and internationally. The company offers e-motion electric powertrain technology; e-motion electric outboard powertrain system; electric boats; and maintenance, repair, and customer support services, as well as manufactures customized boats.
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