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Exro Technologies Inc T.EXRO

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

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

Comment by tamaracktopon Jul 16, 2023 8:26am
134 Views
Post# 35543072

RE:RE:RE:RE:The facts, and my own personal conclusion

RE:RE:RE:RE:The facts, and my own personal conclusionI respectfully disagree. 

Technical analysis is an influential aspect of stock analysis. 

That's why every big Canadian bank employs Technical Analysts. 

It is quite often particularly iinfluential precisely in the absence of any other catalysts such as news items that you seemed to infer are the only things that will move the stock. 
 
As for batting zero, I don't think that's necessarily fair.

I posted on Tuesday that I believed that $2.25 had now become a support level, and it's never traded there since.

I know it's only been a few days, but I really don't think it will close below there again before moving to new highs. 

Maybe if it doesn't you'll reverse your stance, but I don't really care.

On another note I don't hesitate to give credit where its due. 

That was a very astute and undeniably true observation you made about the dating on the press release and the activity in the stock prior to the news.

I don't think anyone else noticed it. 

I know I didn't. 

Plaudits to you for that one.
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