REC Silicon will soon report news about its production start at Moses Lake, leaving the stock to probably rise from the bottom of its long term box range (between 10 and 20 for years, outliers occurs). REC Silicon have become the trading favorite at OSEBX (Oslo Stock Exchange) due to its volatility during news runs and Q-reports. Already bumped its bottom...
Long and strong IHS confirmation breakout and tested Fundamentals: Company fully funded and largest factory in Moses Lake has started production with recent contract signed for the next 10 years worth around 3 busd. Todays mcap is around 0.6 busd. Guided ebidta for 2025 is 100-300 musd Dept around 260 musd with favorable terms Production within 3 megatrends in...
We just had an breakout from huge IHS and a triangel. Target around 26 NOK, trading now at buttom lines around 16 NOK. Mcap today is round 0.6 busd, and REC silicon this week got a signed contract with Hanwah, which is the largest shareholder in REC, worth 3 busd! The contract secures ebidta guided around 100-300 musd from late next year when the factory is in...
i see potential for a long posistion whit an upside of 20 - 25%. as we can see recsi is in an uptrend and has the 100ma and 200ma on the right side. we can also see price rejecting the 100ma and making the 100ma work as support. i would put my take profit at 22-24kr and stop loss at around 16,5 giving us a 1.77 risk/reward ratio.
Support approaching for REC silicon. Identified support area around 10 NOK could see rec going for primary wave 3 to potential targets of possibly 70 NOK in this coming bullrun, if not higher.
I have identified support levels around 10kr and potential wave 3 targets. These could provide a good entry opportunity for rec silicon which is a company in a sector i believe in for the future
Bullish falling wedge pattern is forming after breakout from major resistance. A continuation upwards is most likely in my opinion. There is some resistance ahead, and a retest after breakout from the wedgepattern will make me confident about another breakout. My target is around 30NOK. If it will break down, there is a strong support around 14-10NOK I belive...
Falling wedge in Rec Silicon (RECSI) Target: 27,5 kr
RECSI is in a very bullish trend above 10, 20 and 50 MA on daily. Breakout above 100 MA and out of that falling bullish wedge can be explosive.
OSL:RECSI Looking at at breakout from an large triangel since february, with potential to reach 29 NOk within next 3 months. +11 nok from breakout point. We are in an uppward trend which signal strong signs of positiv breakout. RECSI are traded at OSL stock exchange
RECSI is looking bullish as we can see we are going all the way to 50kr at the technical analysis but we also have the fundamentals with us so we might go Evan higer.
Green stocks have had en mayor correction last week. Nothing fundamental have changed in REC Silicon. All solar prices have had an mayor rise(pvinsight.com), and US are still working on making their own supply chain. REC silicon will have an mayor part in new batteries for EV the next years to come. They are world leading in Silan gases (70 % of market), which...
Rec Silicon is a producer of silane-based, high-purity silicon materials. Historically they got the stick from China who put a 57% tariff on their product and when Trump started the trade war it didn't help with the negotiations. They were forced to close their factory in Moses Lake but their factory in Butte is delivering positive EBITDA. With Biden there's a...
Tested support and bounced upwards. All green stocks got a beat today. Nothing fundamental has changed for REC, rather opposite. MCAP still at very low levels compared to future revenue and opportunities within battery industry. REC is global leader for silan wich can become standard in new EV batteries. Huge potential short term, long term.