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NewHydrogen Inc NEWH

NewHydrogen, Inc. is a developer of clean energy technologies. The Company is developing ThermoLoop a technology that uses clean energy and water to produce the green hydrogen. The Company is focused on developing technologies to reduce or replace rare earth materials with inexpensive earth-abundant materials in electrolyzers to help usher in a green hydrogen economy. The ThermoLoop is a low-cost thermochemical process to split water using inexpensive heat, instead of expensive electricity. This technology water as a feedstock and reduces the cost of hydrogen production by eliminating electricity used in existing electrolyzers. Its green technology applications include the green electric grid, fuel cell electric vehicles (FCEV), battery electric vehicles (BEV), hydrogen fueling stations, lower carbon gas infrastructure and air taxis.


OTCPK:NEWH - Post by User

Bullboard Posts
Post by pro_traderon Sep 10, 2008 11:50pm
276 Views
Post# 15447085

A bounce off support....

A bounce off support....

As I have suggested in the last several posts, BSRC sold off in increasingly lighter volume for three straight days only to breach the 50 day moving average briefly before bouncing higher.The MACD has recently pushed back above zero which means that the stock has gone from a "weak" bullish trend to a "strong" bullish trend. The stochastics is now approaching oversold, but seems unable to reach oversold conditions due to the heavy buying interest on any pull-back. I expect shares to stabilize in this area and soon retest the recent $0.45 high...and ultimately make a higher-high.

Bullboard Posts