My trading idea for Vicinity Motor - BUY
Long-term target: 4.00 USD (+260% profit)
Vicinity Motor Corp. has received an order from Pioneer Auto Group to supply 1,000 electric trucks.
Sales of more than US$100 million are planned.
The final delivery date is the end of 2023. Deliveries as part of the order are expected to begin this month.
Apart from that, the...
VMC after a year of consolidation is today trying to break up from the channel. Cup and handle pattern has been confirmed, and there will be possible gap closing if 5.60 zone supports the break up. Enjoy and lets go Truckers :)
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.
This ticker should explode as soon as it lists on the NASDAQ, low shares, awesome financials. Volume is what is keeping this down. It lost a lot of volume in the 3/1 reverse split. This company has went from an EPS of -0.07 to +0.06 in a very short period of time. They have expanded into the US market, expanded their platform from only buses to include...
