STI - Solidion - Continuation Into Pre-Market? $8.02 Retest?Looking to see how STI acts in the Premarket Session tomorrow, where we're hoping to see at best a $7.34 Retest/Breakout, allowing STI to retest those $8.02 Price Levels again and potentially continue from there. Of course, we saw consistent resistance there in the pre-market, so logically we would look for an exit there on a Continuation Run. Bullish Flag from our perspective, with some heavier volume going into the Pre-Market, would be a great signal!
If she breaks down, we look for a $5.59 entry and longer hold, with adjusted Price Targets from there. So more to come!
Today's Pre-Market Breakout comes after the company revealed that its new Electrochemical Graphitization in Molten Salts process won a 2025 R&D 100 Award and their Clean Energy Breakthrough Award & Recognition.
STI trade ideas
STI: The LowdownWhat's the Deal? Solidion Technology's all about next-gen batteries – think solid-state, lithium-sulfur. They're aiming high, targeting stuff like eVTOL aircraft.
Entry: $2.94
Take Profit: $3.95
Stop Loss: $2.22
Shares: 500
Numbers Talk: Sitting at a $38.72M market cap with a last close at $2.70, but it's been a roller coaster. Revenue's at $19K with a net income chilling at -$4.76M. It's not just about the numbers; it's about what's brewing under the hood.
Recent Buzz: They bagged $3.85M in a private placement, hinting at some investor confidence or intrigue. Plus, their lithium-sulfur tech could be a game-changer for air taxis and more.
Watch Out: The stock's like a wild ride at the amusement park – thrilling but not for the faint-hearted. Revenue took a nosedive by over 76% this past year, and shareholders saw some dilution action.
Straight Talk
Bull Case: If you're all about betting on futuristic tech and have the stomach for some turbulence, STI's got the ambition and the innovation to potentially make waves.
Bear Case: High volatility and recent financials could make some investors pause. It's not for everyone.
Bottom Line: STI = high risk, potential high reward. They're doing some interesting stuff with batteries, but remember, it's not just a smooth sail. Do your homework before diving in.
Remember, always DYOR (Do Your Own Research) before making any moves. Keep it cool, and happy trading!