Exro Technologies Inc T.EXRO

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

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.

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Exro Technologies Inc

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Post by ace1mccoyon May 14, 2021 8:48am

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Post# 33202178

For all the Exro TA Investors

I recieve via email a daily TA report from my DI account . Last night I recieved this and thought I'd share it as it's getting higher visibility....
Long & strong GLTA

Exro Technologies Inc forms bullish "Inverted Hammer" chart pattern
May 13, 2021

Trading Central has detected an "Inverted Hammer" chart pattern formed on Exro Technologies Inc (EXRO:TSXV). This bullish signal indicates that the stock price may rise from the close of $3.56.

Tells Me: The recent decline is approaching its bottom, as the balance between buyers and sellers evens out and there's an attempt (though failed) at higher prices. The Inverted Hammer appears during a downtrend with a long upper shadow reflecting an attempt a higher prices, and a small real body at the lower end of the range reflecting an evening out of the balance between buyers and sellers as the bears have lost some control. The price may have reached a bottom and ready to turn higher.

This bullish pattern can be seen on the following chart and was detected by Trading Central proprietary pattern recognition technology.