KULR Technology Group (KULR): Bullish Breakout with Big Upside!1️⃣ Innovation at the Forefront: KULR’s advanced thermal management products are critical for electric vehicles, aerospace, and energy storage—high-growth markets positioned for future expansion.
2️⃣ Strategic Partnerships: Contracts with the U.S. Army and NASA add credibility and open doors to new revenue streams, signaling confidence from top-tier institutions.
3️⃣ Crypto Exposure: KULR's move to invest 90% of surplus cash in Bitcoin sets it apart, attracting crypto-focused investors looking for exposure to digital assets. 💰
4️⃣ Explosive Growth: KULR’s stock has surged 1,500% since November, reflecting strong investor sentiment and market optimism.
5️⃣ Analyst Outlook: Analysts have set price targets as high as $7, with expectations of continued growth fueled by KULR's innovations and strategic direction. 💹
6️⃣ Volume & Momentum: Rising volume and a potential MACD bullish crossover confirm that the stock is gaining bullish momentum.
🔑 Technical Setup & Trading Strategy:
🎯 Take Profit 1: $3.89 (0.382 Fibonacci level) 📈
🎯 Take Profit 2: $4.11 (0.618 Fibonacci level) 📊
🎯 Take Profit 3: $4.46 (0.786 Fibonacci level) 🚀
Kulrtechnology
KULR Technology Group Options Ahead of EarningsAnalyzing the options chain and the chart patterns of KULR Technology Group prior to the earnings report this week,
I would consider purchasing the 0.50usd strike price calls with
an expiration date of 2024-10-18,
for a premium of approximately $0.40.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.