SHARE PRICE PROJECTION This is just my own expectation for the share price, incorporating all that I see for the stock.
1) In the short term, I think we'll see a quick advance up to the $3.90 level, which is known resistance.
2). While this resistance level is known, the circumstances surrounding this resistance has now changed. We are now very close to Candiac coming on line, which is an absolute game-changer for the stock. With that, I expect the $3.90 resistance level to fall quite quickly. This will also be the 34rd try at this level, and as the saying goes, 3 (is often) a charm.
3). The breakthrough of the level will bring a lot of additional eyeballs to the stock from the technical analysis crowd. This will also bring in a lot of additional buying.
4) With Candiac, I think we're going into a period of a lot of news releases for Nano, each of them substantiating progress. What will REALLY propel the stock is validation from the car companies. While this might take a few more months to come to fruition (I would say Ql 2024), again I think we're going to se a LOT of anticipation buying.
I'll just give a short term price projection for now, of $7.00 by this December. This alone represents a massive gain over the current share price. The share price I expect in the medium and longer term is miuch MUCH more.
Enjoy.