KULR ready for a move towards 50 centsIt has been consolidating in the .38-43 range again, it has consolidated here a few times before. I expect it to retest .38 again, and then move upwards towards .49
KULR trade ideas
Some support and resistance levels to keep an eye onKULR is currenctly trading in a downward channel. It hit the bottom of the channel and is now moving up. I think with all the good news flowing in, this stock will soon break out and regain its highs. However be wary about previous resistance levels.
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.
Some support and resistance levels to keep an eye onKULR is currenctly trading in a downward channel. It hit the bottom of the channel and is now moving up. I think with all the good news flowing in, this stock will soon break out and regain its highs. However be wary about previous resistance levels.
Still in a down trendDespite the really good news coming in, KULR remains in a down trend.
Let's hope things start to bottom out soon.
kulr technical analysis. Based purely on how the chart looks for kulr, the stock looks to be forming a base. Volume has been double in February compared to January which is bullish. Kulr has had a day where buying pressure pushed the candlestick wick up to $1.6! But closed down below $1.3. This tells me buyers want to come in but are outnumbered at the time being by sellers/ shorts. I continue to see support at the $1.15 - $1.2 range and until it breaks below that level I remain bullish on Kulr. Strictly based on technical analysis and not including all the progress the company continues to make.
- Not investment advice. Entertainment purposes only.
KULR possible bullish pattern $KULRPossible triple bottom here indicating bulls are taking control.
Bullish PT 2.05
Bearish PT 1.20
Good upside.
Company is pre-revenue with great potential and a lot of projects including in EV and battery space.
DoD contracts, military, and NASA contracts as well.
KULR: Possible PathEarning coming up and a good bit of news of partnerships and contracts have come up. This is a long play for me as batteries are becoming increasingly important and the TAM only increases with each passing year.
This is my short term price action guess.
Not trading advice.
KULR Analysis.KULR is a great company that in my mind is a great opportunity to get in now before we see a move up, or before we see attention turn to this company. Do your DD on this company and you will be amazed at what this company is looking to do. Let's just say NASA has already praised them for the technology they are working on. Looking at the daily chart you can see how price has been using the sma lines as resistance and support. It is now using the 200 sma line as support while the 100 sma line is resistance. RSI remains steady and the MACD is in the red right now. Shoutout to Deadnsyde on youtube for breaking down this company.
KULR: Catch the wave$KULR has caught a lot of attention as of late.
Batteries run the world and KULR technology group has created a faster more efficient and "cooler" battery.
(Hence their name).
Recently, we began our breakout, but given how much volume has come in, there is, I believe, much more room to go. My opinion is that I see a price target of $6 in the near term. So, if you're considering buying in, it seems theirs still an opportunity.
This isn't trade advice just some random dude on the internet's opinion. Make sure to do your DD for any stock/company prior to investing. Always protect your wealth first.
Good luck all!
$KURL - Flag break out Been a minute since I charted but I’ve been eyeing this one and the (W) time frame looks real nice for the longterm. Companies solid with solid books too. Time to accumulate before it runs!
$KULR Sits in Bullish Breakout Pattern as Dark Horse in EV SpaceKULR has been pushing higher in a steady bullish trend since mid-2020 as the company lines up a barrage of positive catalysts.
But it remains under the radar in the EV space.
The stock's current pattern could be seen as an ascending triangle breakout pattern with a strong trigger in place above $3/share.
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KULR Technology Group Inc (OTCMKTS:KULR) develops, manufactures and licenses next-generation carbon fiber thermal management technologies for batteries and electronic systems. The company offers lithium-ion battery thermal runaway shields; fiber thermal interface materials; phase change material heatsinks; HYDRA TRS battery storage bags; internal short circuit device; and CRUX cathodes.
Its technologies are used in electric vehicles and autonomous driving systems, artificial intelligence and cloud computing, and energy storage and 5G communication technologies. It developed some of its technology solutions as part of its partnership with NASA.
KULR has been stringing together strong catalysts over the past few weeks. The company recently announced that it was being uplisted to the NYSE American Exchange, where it began trading on June 7.
“I am very pleased to announce that KULR has been approved to begin trading on the NYSE American Exchange,” said Michael Mo, Co-Founder and CEO of KULR Technology Group. “This uplist to a senior U.S. exchange represents another important milestone in our Company’s history. I want to thank our employees for their hard work and perseverance in support of this great accomplishment, and concurrently, our shareholders for their patience and continued support of KULR. Trading on the NYSE will provide the Company more visibility to a much broader pool of investors and, in turn, increase liquidity. As a result, we are even more confident of KULR’s growth potential going forward.”
This follows recent news that the United States Patent and Trademark Office has awarded it a patent on the company’s Thermal Runaway Shield (TRS) - a passive propagation resistant solution designed and successfully tested to reduce the hazardous risks associated with thermal runaway in lithium-ion battery packs. This is the third patent the Company has been granted on its TRS technology.
KULR Technology managed to rope in revenues representing a rate of top line growth of 297.8% compared to year-ago data in comparable terms. In addition, the company has a strong balance sheet, with cash levels far exceeding current liabilities ($8.9M against $2.9M).
