$GMG.v is vying to make a bullish breakout. Graphene Manufacturing Group (TSXV: GMG) is continuing to climb! Shares are currently up over 30% in the last three days.
This price action can be attributed to the progress $GMG.v has made in developing pouch cells using its graphene aluminum ion (G+AI) technology. The production of pouch cells makes $GMG.v’s tech usable in a variety of applications, including commercial and industrial appliances, as well as EV’s.
Shares are approaching historic resistance at $3.65, so keep an eye out for a break above this zone with increased volume. This could be a good indicator of a bullish breakout.
$GMG.v is currently trading at $3.53, valued at $278.04 million.
https://ceo.ca/@newsfile/gmg-commissions-gai-pouch-cell-equipment-and-manufactures