Exro Technologies Inc. T.EXRO

Alternate Symbol(s): T.EXRO.WT | EXROF

Industrials

Exro Technologies Inc. is a clean technology company. The Company is engaged in developing power control electronics that expand the capabilities of electric motors and batteries. Its technologies include e-mobility (Coil Driver) and stationary energy storage (Cell Driver). The Coil Drive technology is an adaptive traction inverter that replaces the standard 3-phase inverter in electric vehicles. Utilizing its patented coil switching technology, the Coil Driver enables the motor to dynamically switch between two modes, series mode optimized for high torque at low speeds, and parallel mode optimized for high power and efficiency at high speeds. The Cell Driver technology is a fully integrated energy storage system designed for commercial and industrial applications. Its SEA-Drive power system provides a complete e-propulsion solution to original equipment manufacturers. It encompasses everything from high-capacity batteries and electric motors to next-generation control units.

TSX:EXRO - Post by User

Exro Technologies Inc.

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Post by Danno13on Nov 07, 2022 7:03am

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Post# 35078213

Fundamentals,Technicals

#1 - Fundamentals next year will be positive.

#2 - Technically The closing price on Friday closed above the 200 Day moving average.The last time it was above this average was in June 14 /2021.The downtrend is over Stage 4.Now were in stage 1 basing (Consolidation).We've been in a decline since June /2021.
We need the share price to stay above the 200 day M.A. and the 50 Day to cross above the 200day with heavy volume. To get this advance ignited we need surprise news like a signed deal with Tier 1.

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