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Exro Technologies Inc. T.EXRO

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

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

Post by Danno13on Jun 29, 2024 4:16pm
123 Views
Post# 36112252

Institutions

InstitutionsOnce we get Accelerating Earnings and Revenues,Expanding margins,and signs that acceleration will continue which I think will start this year then the Institutions will start to accumulate.Stocks move for two basic reasons. Anticipation and Surprises.What we had this week was anticipation of news .The certification of the UL.Although anticipation moves prices,once the expected event occurs,the market sells off on the news.The old saying buy the rumor,sell the fact.I use the 21 day EMA, 50 day SMA, and the 200 SMA.Once there all pointing towards the blue sky then it will be the right time to load up.
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