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Polar Power, Inc.

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POLA trade ideas

quarterly earning massive lossShares of Polar Power, Inc. (POLA) more than doubles on Tuesday morning despite no stock-specific news to drive the shares. quarterly earning came out yesterday and massive loss For the first quarter, Polar Power reported net loss of $201 thousand or $0.02 per share. Revenues for the quarter dropped 63% to $2.86 million from $7.75 million last year. The revenue decrease was primarily due to a slowdown in sales of DC power systems to Tier-1 telecommunications customers in the U.S as a result of our customers' transition to 5G systems. www.rttnews.com finance.yahoo.com
NASDAQ:POLA
by AlenCiken
POLA - Fallen angel formation Long from $5.20 to $6.77POLA is forming a fallen angel formation. It is a little aggressive play as the volume is not very high. However in the hourly candle it seems breaking out, and seems an interesting long setup. * Trade Criteria * Date First Found- May 23, 2017 Pattern/Why- Fallen angel formation Entry Target Criteria- Break of $5.20 Exit Target Criteria- $6.77 Stop Loss Criteria- $4.73 Please check back for Trade updates. (Note: Trade update is little delayed here.)
NASDAQ:POLALong
by AcornWealthCorp
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