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Bullboard - Stock Discussion Forum Exro Technologies Inc. T.EXRO

Alternate Symbol(s):  T.EXRO.W | 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... see more

TSX:EXRO - Post Discussion

Exro Technologies Inc. > Will be good to see
View:
Post by tamaracktop on May 23, 2023 11:28am

Will be good to see

There's a small mountain to climb

It will be a significant event when the stock moves back over the 21-day and 50-day moving averages.

They're very tight, with the 21-day MA sitting at $2.512, and the 50-day at $2.537.

Obviously, that event will largely be the result of those averages coming down, with the 21-day MA dropping considerably faster than the 50-day.

Nobody knows when that day will come, but when it does it will be an event applauded by even novice technicians.

It bears watching how long it takes to do it, and where the averages are when it does.
Comment by Exrower on May 23, 2023 11:43am
It could happen in the next week as if Sue plays this right significant news comes out making the new tutes look good and drive the confidence level way up 
Comment by tamaracktop on May 23, 2023 12:39pm
Actually, given the closing prices since the issue was announced , there can be a reasonable expectation that the stock will break through the 10-day MA by March 31st or June 1st without the need for any news at all
Comment by tamaracktop on May 23, 2023 12:41pm
Hahaha. MAY 31ST.
Comment by nedstar71 on May 23, 2023 1:06pm
Your indicators and moving averages etc rarely predict the future moves in a stock like this unfortunately so little reason to keep posting it.
Comment by tamaracktop on May 23, 2023 5:26pm
100 % wrong.  What you saw today was people who had hoped to flip the secondary for a quick profit bailing at a few cents profit or a couple cents loss. That's all.  They didn't pay any commission to buy it. They didn't make money so they cut and run with negligible losses instead.  That's exactly what you saw. Give it a week.  Till May 31st or June 1st.  ...more  
Comment by Usereman on May 23, 2023 6:02pm
Give it a quarter - 3rd quarter.
Comment by Ndoggy2003 on May 25, 2023 3:13am
I'm very excited for 3rd quarter "Meaningful revenue "!!
Comment by Konaboy on May 24, 2023 8:35am
Is this the rocket to $3.00 (that you stuck your neck out on two weeks ago) that we are finally going to see?
Comment by nedstar71 on Jun 01, 2023 2:31pm
It was you who was wrong, which apparently is nothing new  This will bounce back.  When it does, try not to pat yourself on the back too hard ok?
Comment by filoux004 on May 23, 2023 12:14pm
Seriously, 'a small mountain to climb', moving averages. Blah blah blah. C'mon man stop with your daily no value added comments. I'm long EXRO but like I've mentioned numerous times  the adoption cycle of any new technology is a long long walk. My expectations ie returns going forward are reseonable. DD and glta go Heat go.
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