FonsieTrader
Nov 10, 8:30 PM
$KULR @KULRTech closing out Q3 day 🔋🔥
$1.99, +22% on ~4M shares, about 5x normal volume.
Why it moved:
• Q3 revenue
$7.4M, ~3.5x Q2's
$2.1M
• Product sales
$6.5M, the engine is now batteries
• Cash
$54.5M on the balance sheet
• Gross margin back to positive (4%) after (31)% in Q2
The chart:
✅ Broke the
$1.74 key level and never looked back (low
$1.76)
✅ Tagged
$2.20, right at the 50-day
👀
$2 is the line. Reclaim it and
$2.20 is next
Q3 day is done. Now the market has to price the new
$KULR.
Holding into tomorrow? 👇
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