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Electrovaya Inc T.ELVA

Alternate Symbol(s):  ELVA

Technology Electronic Components
Electrovaya Inc. is a Canada-based lithium-ion battery technology and manufacturing company. The Company designs, develops and manufactures lithium-ion batteries and battery systems for energy storage, clean electric transportation, heavy duty electric vehicles and other specialized applications based on its Infinity Battery Technology Platform. The Company is focused on contributing to the prevention of climate change by supplying safe and long-lasting lithium-ion batteries. The Company is also developing next generation solid state battery technology at its Labs division. The Company has two operating sites in Canada and has a 52-acre site with approximately 135,000 square foot manufacturing facility in New York state. Its battery products are used across various applications, including material handling, e-mobility and energy storage.


TSX:ELVA - Post by User

Electrovaya Inc > EFL About to break out?
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Post by challenger426on Jan 15, 2021 2:54pm
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Post# 32307893

EFL About to break out?

EFL About to break out?Just took a quick look at the chart for EFL.  It looks like a possible breakout is any day now.  The CCI tshows that major buying pressure is right around the corner while the rising 50 DMA has provided solid support during this impressive run.  Since June, a base lasting about 1 month is followed by another spike.

Sales have been rising each quarter for the last year and if they can keep it up, the share price should go higher.

Good Luck Longs!
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