BRQS can easily double from here!Borqs’ Subsidiary Holu Hou was Energy Featured in a New York Times article today.
Holu Hou Energy has signed $49.8 million of Contracts in Q2 2022 in the State of Hawaii and are on track to sign onto over $140 million of contracts this year surpassing their previous forecast of $128 million.
Borqs Technologies has also Purchased 5G License with Qualcomm.
52 Week Range 1.60 - 17.28.
Market Cap of only 29Mil.
My price targets are $4.60 and $6.65.
Looking forward to read your opinion about it.
BRQS
BRQS cheapest EV and 5G playBRQS Borqs is a global provider of 5G wireless solutions, Internet of Things and innovative clean energy. It operates in the U.S., India and China.
Borqs and its recently acquired subsidiary, HHE, will jointly develop EV chargers and generators which will be integrated with HHE Smart Load Panel in its solar energy + battery solution.
BRQS Market Cap 35.463Mil
52 Week Range 0.20 - 1.60
The minimum upside potential is 2-3X from here in my opinion.
BRQS 5G Automobile and EV Smart Cockpit Market playBorqs Technologies is a global provider of 5G wireless solutions, Internet of Things (IoT) solutions, and innovative clean energy with operations in the United States, India and China.
Borqs Technologies has entered into a five year Strategic Cooperation Agreement with Cheyin Intelligent Technologies, an intelligent vehicle solutions provider for automobile OEMs, to develop manufacturing of In-Vehicle-Infotainment systems, intelligent cockpit systems and intelligent assisted driving systems.
Depending on the development, this stock can go to $1.9 i think.
BEQSBorqs Technologies Inc (NASDAQ:BRQS) volume and price are on the rise and this stock is really getting some momentum behind it. The share price has finally crossed and closed above the declining 50-day EMA, which is very positive. All major short-term EMAs have started moving up, with the 9-day EMA above the 20-day EMA for the first time in more than 2 months. Friday’s intraday high of 0.845 was also the highest level the stock has touched in more than two weeks. The daily technical indicators are pointing to a continuation of the rally.
BRQS Education Group 🧙 SHOCKING RISK-REWARD OPPORTUNITY!!!Borqs Technologies Inc operates as a software development company. It is engaged in software, development services, and products providing customizable, differentiated, and scalable Android-based smart connected devices and cloud service solutions. The company's segments include Yuantel and Connected Solution. Borqs derives most of its revenues from its Connected Solution which includes Software and Hardware. Its geographical segments include China, India, the United States, and the Rest of the World, of which the majority of the revenue comes from India.
Industry
Software - Application
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BRQSBorqs Technologies Inc (NASDAQ:BRQS) has held support at the 85c level and is displaying a screaming buy divergence on the upside. MACD has generated a new buy signal and RSI is in their buy mode. In addition, some Institutions are buying the stock again and the recent downtrend in my opinion is most likely over. A break above the 97c level can see the stock trade in the $1.20 area pretty soon.
BRQS Borqs 5GPrice TragetBRQS Borqs Technologies is sitting now close to all time low at the strongest support, with bullish news lately.
Yesterday`s volume was high, 18mil, for a mk cap of 105mil.
My price target is the 2.1usd resistance.
BRQSBorqs Technologies Inc (NASDAQ:BRQS) dipped by 5.31% on Friday as the stock pulled back after Wednesday's spike. The stock closed at $1.07 a share and looks poised to rebound. Looking at this technical hourly chart above, what makes me think we are very close to a bottom is the last five candles have seen lower volume and a price stabilization exactly abv support. Additionally, it has back tested successfully the broken yellow horizontal trend line resistance. I think this bodes well for a bounce from current levels. Long setup on watch.
BRQS IdeaGrabbing BRQS again at these levels, a few weeks ago I grabbed some at $0.85 and it popped to $1.06. looking good for another bounce soon IMO.
This is all JMO, I am NOT a financial advisor. Please DYODD.
BRQSBorqs Technologies Inc (NASDAQ:BRQS) successfully tested the support and closed above the rising 200EMA. What needs to be watched from here out is whether it is still being accumulated. The bounce off the recent sell-off lows could potentially be the start of an even higher move. I love 5G plays going forward. I'm long here.
Free to flyThis company has a huge project to develop in partnership, plus government support. Do your research. I've been tempted to get over my shares due to impatience, but it happened before with NIO when it was just $2.53 and look now... I regret selling my 2000 shares at that price. This is not investment advice just my opinion.
I believe 5G has a better future now.
