KULR is currenctly trading in a downward channel. It hit the bottom of the channel and is now moving up. I think with all the good news flowing in, this stock will soon break out and regain its highs. However be wary about previous resistance levels.
Analyzing the options chain and the chart patterns of KULR Technology Group prior to the earnings report this week,
I would consider purchasing the 0.50usd strike price calls with
an expiration date of 2024-10-18,
for a premium of approximately $0.40.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
KULR is currenctly trading in a downward channel. It hit the bottom of the channel and is now moving up. I think with all the good news flowing in, this stock will soon break out and regain its highs. However be wary about previous resistance levels.
Based purely on how the chart looks for kulr, the stock looks to be forming a base. Volume has been double in February compared to January which is bullish. Kulr has had a day where buying pressure pushed the candlestick wick up to $1.6! But closed down below $1.3. This tells me buyers want to come in but are outnumbered at the time being by sellers/ shorts. I...
Possible triple bottom here indicating bulls are taking control.
Bullish PT 2.05
Bearish PT 1.20
Good upside.
Company is pre-revenue with great potential and a lot of projects including in EV and battery space.
DoD contracts, military, and NASA contracts as well.
Earning coming up and a good bit of news of partnerships and contracts have come up. This is a long play for me as batteries are becoming increasingly important and the TAM only increases with each passing year.
This is my short term price action guess.
Not trading advice.
KULR is a great company that in my mind is a great opportunity to get in now before we see a move up, or before we see attention turn to this company. Do your DD on this company and you will be amazed at what this company is looking to do. Let's just say NASA has already praised them for the technology they are working on. Looking at the daily chart you can see...
$KULR has caught a lot of attention as of late.
Batteries run the world and KULR technology group has created a faster more efficient and "cooler" battery.
(Hence their name).
Recently, we began our breakout, but given how much volume has come in, there is, I believe, much more room to go. My opinion is that I see a price target of $6 in the near term. So, if...
Been a minute since I charted but I’ve been eyeing this one and the (W) time frame looks real nice for the longterm. Companies solid with solid books too. Time to accumulate before it runs!
KULR has been pushing higher in a steady bullish trend since mid-2020 as the company lines up a barrage of positive catalysts.
But it remains under the radar in the EV space.
The stock's current pattern could be seen as an ascending triangle breakout pattern with a strong trigger in place above $3/share.
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KULR Technology Group Inc (OTCMKTS:KULR)...
