Microvast DCA opportunity emergingFor NASDAQ:MVST , wait till a day after the quarterly results are out (01 Apr 24). If the price is heading down from that date and the resistance level, then wait until either the RSI is at 30 or the price reaches $0.55. And then start DCA for a long term hold.
If after the quarterly results the price starts a flag pattern, see the trend of the RSI and start the DCA if it reaches 30 if the RSI trend is downwards. Otherwise, if the RSI trend is also sideways, begin DCA.
If after the quarterly results the price breaks through the resistance then start DCA then. Depending on the candlestick patter might be best to wait 3 days to see if the price falls but then if the pattern and volume is strong then the move might be a large one and best to start DCA immediately.
Microvast
$THCB NEXT EV BATTERY COMPANY TO EXPLODE (20% SPIKE SOON)This EV Company continues to remain very much under the radar due to the main attention being on $QS QuantumScape exploding over $100 the last week.
In fact, I think it should be the exact opposite... Microvast should be the EV Battery company exploding.
The company is generating revenue $100 Million in 2020 (Nothing Insane), but is already ahead of QuantumScape (Projected to Generate Revenue in 2025).
Microvast has an international presence:
Headquarters in Houston, TX
Manufacturing Center in Huzhou, China
Power Systems in London, UK
GmbH in Frankfurt, Germany
Microvast is positioning themselves perfectly for Company Growth.
The company is already manufacturing and selling Fast Charging Batteries and distributing them internationally.
Microvast's products are currently being utilized in commercial vehicles, but provides AUTOMOTIVE TECHNOLOGY INMOTION with their fast-charging battery modules for our new LMP3 racing car. This just shows how much quality Microvast's batteries are.
Microvast is known for winning the prestigious R&D100 AWARD. This is an award that recognizes the most promising new products, processes, or materials that are being developed and introduced throughout the world.
I encourage all of you to do your own research and consider entering a position.