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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.


TSX:EXRO - Post by User

Exro Technologies Inc > Breakout
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Comment by Moemoney42on Jan 24, 2023 12:47pm
89 Views
Post# 35242632

RE:RE:RE:RE:Breakout

RE:RE:RE:RE:Breakout
tamaracktop wrote:
Moemoney42 wrote:
Moemoney42 wrote: Agreed with a nice punch of volume to set it off too..!!  ;-)
The volume is just as important as the price move to me.. now if the shorts get squeezed, all the better..!  ;-)


No real resistance levels until ~$2.80 area... ;-)


Just had a look, and you're right.

Nothing too serious, but there is some resistance around the $2.80 level dating back to October 2021.

My own personal ultra-short-term technical target becomes $2.55-$2.80(ish), unless of course there's news, in which case all bets are off.

My technical target assumes no news.

This is a textbook breakout after a textbook consolidation. 

Agreed that $2.80 resistance level had very low volume.. EXRO could trade right through that level with one or two day's trading, the way the volume has picked up lately..
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