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Exro Technologies Inc. T.EXRO

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

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

Post by tamaracktopon May 29, 2023 12:09pm
234 Views
Post# 35468818

Quick update on the 21-day MA

Quick update on the 21-day MAThe MA and the stock price are converging fast.

Remember this?

"The 21-day MA ended the day yesterday at $2.477

It will be down to ~ $2.46 today. 

Just over 30 cents away.

Hardly insurmountable. 

It will continue to drop".


The 21-day MA has now dropped from $2.5127 to $2.437 in the last 6 days.

It's converging with the stock price.

There will be a big technical boost when the stock breaks through.

It's only 21 cents away now.

March 31st or June 1st still look viable.

When the stock breaks through it to the upside, 
It will take on a whole new complexion
 
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