Just In: $VMAR Gearing For A Massive Reversal. (SPONSORED)The share price of Vision Marine Technologies Inc. (NASDAQ: NASDAQ:VMAR ) is setting sail for a massive price reversal amidst growing interest in the speed board industry giant.
The asset is up 1.47% as of the time of writing, with the RSI at 37 momentum is brewing with insane upsides. Technically, the 61.8% Fib level still serves as a confirmation zone for $VMAR.
In another news, Vision Marine Technologies Inc. (NASDAQ:VMAR) a company specializing in high-voltage marine propulsion, 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.
