I have outlined some areas of interest in the chart and some possible ways to reach 2.50 area. Below my personal thoughts behind this.
Institutional Activity & Accumulation
• Mirabella Financial Services LLP holds 10.48% (77.6M shares); estimated VWAP entry: ~1.4217 NOK.
• Alden AS holds 32M shares (4.3%) and remains a large holder after trimming slightly.
• Previous active players in 2024 (Skøien AS, Tigerstaden AS, Dukat AS) have exited, marking a rotation.
• Institutional base is solidifying — setting the stage for potential re-rating in 2025.
Technical Structure
• Institutional accumulation range: 1.10 – 1.30 NOK.
• Strong historical bid defense around 1.150 – 1.160 NOK.
• Previous resistance: 1.40 – 1.45 NOK. Break above this level could trigger expansion leg.
• Volume patterns align with accumulation and shakeout phases.
Trade Strategy
• Add Zone: 1.15 – 1.18 NOK (on strength or dip support hold).
• Watch Zone: 1.22 – 1.26 NOK (for volume and continuation breakout).
• Profit Trim Zone: 1.55 – 1.65 NOK (historical upper range boundary).
• Stop Loss Consideration: Below 1.13 NOK (only if broken on volume).
Risk Management
• Watch for loss of support with accelerating volume.
• Avoid adding on breakdowns below 1.13 NOK.
Upcoming Catalysts
• Commercialization of solid-state batteries (volume shipments, integration deals).
• Revenue reports showing real customer traction.
• New strategic partnerships or OEM announcements.
• Market sentiment shift on green battery tech / reshoring themes.
Smart Money Summary
• Entry confirmation from Mirabella (~1.42 NOK), Alden (~mid-1.30s).
• 1.15 – 1.20 NOK has been a recurring buy zone across many sessions.
• Institutional rotation shows early traders out, long-term capital in.
Risks
• Early product and production phase.
• Funding might be needed in Q2 - 2025.
• General market sentiment due to high volatility at the moment.
Disclaimer: This post is for informational and educational purposes only and does not constitute investment advice or a recommendation to buy or sell any securities. The content reflects personal analysis and opinion based on publicly available data. Please conduct your own due diligence or consult a licensed financial advisor before making any investment decisions. I hold a personal position as disclosed and may update or change it at any time without notice.
Institutional Activity & Accumulation
• Mirabella Financial Services LLP holds 10.48% (77.6M shares); estimated VWAP entry: ~1.4217 NOK.
• Alden AS holds 32M shares (4.3%) and remains a large holder after trimming slightly.
• Previous active players in 2024 (Skøien AS, Tigerstaden AS, Dukat AS) have exited, marking a rotation.
• Institutional base is solidifying — setting the stage for potential re-rating in 2025.
Technical Structure
• Institutional accumulation range: 1.10 – 1.30 NOK.
• Strong historical bid defense around 1.150 – 1.160 NOK.
• Previous resistance: 1.40 – 1.45 NOK. Break above this level could trigger expansion leg.
• Volume patterns align with accumulation and shakeout phases.
Trade Strategy
• Add Zone: 1.15 – 1.18 NOK (on strength or dip support hold).
• Watch Zone: 1.22 – 1.26 NOK (for volume and continuation breakout).
• Profit Trim Zone: 1.55 – 1.65 NOK (historical upper range boundary).
• Stop Loss Consideration: Below 1.13 NOK (only if broken on volume).
Risk Management
• Watch for loss of support with accelerating volume.
• Avoid adding on breakdowns below 1.13 NOK.
Upcoming Catalysts
• Commercialization of solid-state batteries (volume shipments, integration deals).
• Revenue reports showing real customer traction.
• New strategic partnerships or OEM announcements.
• Market sentiment shift on green battery tech / reshoring themes.
Smart Money Summary
• Entry confirmation from Mirabella (~1.42 NOK), Alden (~mid-1.30s).
• 1.15 – 1.20 NOK has been a recurring buy zone across many sessions.
• Institutional rotation shows early traders out, long-term capital in.
Risks
• Early product and production phase.
• Funding might be needed in Q2 - 2025.
• General market sentiment due to high volatility at the moment.
Disclaimer: This post is for informational and educational purposes only and does not constitute investment advice or a recommendation to buy or sell any securities. The content reflects personal analysis and opinion based on publicly available data. Please conduct your own due diligence or consult a licensed financial advisor before making any investment decisions. I hold a personal position as disclosed and may update or change it at any time without notice.
Note
So institutional investors steps in with a total of 52.250.000 new shares. 50 million from the private placement and additional 2.250.000 shares offered for their guarantee to enter. Provenue is 60 million NOK equaling a price of 1.148 NOK for each new share. Hence, the 1.148 NOK is the new support institutional investors are likely to defend by buying up in this area. Looking at the graph it could be initial discussioins of the private placement were starting up in mid March where a new support around 1.15 NOK were forming.
Note
The annual 2024 report to be released today.Note
Fundamental Catalyst – 2024 Annual Report• Technology validated and partner samples delivered
• Equity ratio improved to -30% from -173% in 2023
• Roll-to-roll production active and stable
• No named customer yet, but 'Fortune 500' engagement reaffirmed
• Funding runway still limited to Q3–Q4 2025
Trade active
The Fortune 500 company were not revealed in the annual report. But, is Samsung quietly working with Ensurge Micropower? I’ve been following the solid-state microbattery space closely, and I believe there’s a realistic possibility that Ensurge Micropower is collaborating with Samsung Electro-Mechanics — based on public filings, patents, and technology disclosures.
Here’s the summary of what I’ve found:
1. Patent & Technology Parallels
• Both Ensurge and Samsung filed oxide-based, layered solid-state microbattery patents between 2020–2023.
• Similar stack architecture: multiple electrode layers with solid electrolytes (e.g., LiPON or oxide ceramics).
• Focus on ultrathin form factors, no liquid electrolyte, and compatibility with SMT (Surface Mount Tech).
• Both avoid lithium metal anodes: Ensurge uses “anodeless” deposition; Samsung uses symmetric electrode architecture.
Shared End-Use Target: Wearables
• Samsung is developing a solid-state battery for wearables (Galaxy Ring class), announced in Sept 2024.
• Ensurge also targets medical wearables, hearables, and IoT sensors with ultra-small battery footprints.
3. Timing Matches
• Ensurge began shipping test units to a Fortune 500 medical device company in mid-2024.
• Samsung announced its new prototype a few months later, citing 200 Wh/L energy density and MLCC-style layering.
4. Hypothetical Manufacturing Split
• Ensurge could deliver the battery core (stacked on 10 µm steel substrate).
• Samsung could add ceramic encapsulation and packaging (as their patents suggest).
• This allows Samsung to preserve IP on the packaging while fast-tracking innovation using Ensurge’s stack.
5. Strategic Fit
Samsung gains:
• Time-to-market
• Modular licensing control
• Battery format tailored for integration
Ensurge gains:
• A massive strategic partner
• Validation of its technology
• Potential scale-up for commercialization
————————————————
Not confirmed — but compelling
This is not financial advice, and nothing has been officially confirmed. But in my view, the technical and strategic fit is unusually strong — and worth watching, especially with Q2 updates May 15 and product launches on the horizon.
Note
Trade still active. Support keep being confirmed. However, strugling to break above what seems to be a descending triangle on the short term. Break above 1.28 - 1.30 with volume to confirm bullish momentum.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.