Get started
Exro Technologies Inc.Exro Technologies Inc.Exro Technologies Inc.

Exro Technologies Inc.

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals

EXROF trade ideas

Exro - Going to stop trading, but has a nice setup right now. I recently switched to a tiered account from a fixed with IBKR. The fees were never the best with EXRO even on fixed account. Now, not only can I not really take advantage of ECN rebates with EXRO, since its a Canadian stock , but ECNs rates for Canuck stocks are much less favorable. So due to trading fees not being favorable , I am taking this one off the watchlist. However, as a last publication regarding EXRO , looks like a pretty nice entry here... ECN's if your wondering are electronic communication networks and they are basically stock purchase lineups that have varying perks , some pay you to remove liquidity and some pay you to add it , but used correctly you can save $$ on your trading ( if your broker caters to this service ) , or if your a larger trader and or trading a less liquid name , you can also use them to get a much faster fill and literally jump the line so to speak ( to do this you also would need Level 2 and to practice your ECN's with flashcards ect ect ) ... If your into jumping the line , probably best to trade with a fixed account , personally I like to use tiered account now because I am typically trading pretty liquid names and I can usually get fills through EDGEA/BYX for my market orders and ISLAND/BATS for my limit , which have pretty good rebates vs their peers , for me atleast ....
TSX:EXRO
by NAK1987
EXRO, LONG ( Hybrid entry ) I am in this late , I didn't really like the signal day on the 21st of march from a risk reward perspective but I decided to hop on based on yesterdays higher close . I like the reducing selling volume and the low volume up day yesterday. That hints that the current is gone for now and we can move up more with less overhead supply , at least that's what I see . Of Course that's coming from a guy that loses 60% of the time lol, but lets see how our buddy EXRO goes ...
TSX:EXROLong
by NAK1987
Resistance level for EXRO TechnologiesOTC: EXROF is hitting a low resistance level and expected to hit profitability in likely Q2 2023 (~18-24 mo away) and shoot up with EV sales growth. The recent dip occurred Aug 18-19 and has shown stable low point in volume indicating a bottom resistance and combined with MACD and RSI (14/40 day) a great entry point for this penny stock. Await Mesa, AR facility news near TSLA, RIDE, and LCID Value stream: * EV bikes * EV motorcycles * EV cars (CA 5% of auto's) * Wind turbines * EV 18 wheelers * ship drives * Solid state battery technology NYSE:QS and many others... * any EV motor (longer lasting batteries between charges) Earnings are making positive strides for a company heavily investing in growing its business with larger motor qualifications where growth will come from. Believe in Sue I say. While giving her last update on Aug 30 showed no effect on price, it neither retraced further (thanks Fibonacci). Await more news on new facility closer to EV car manuf. in US. I am a long-term holder and recommend you do own evaluation and diligence to review EXRO Technologies, a CANADIAN Innovation company on TSX, CSX, and OTC. Addition to NASDAQ could be timely as future value, or ...____ exchange. Disclosure: I own a Toyota Avalon Hybrid, and await the 17+% gain EXRO products offer in EV milage between charges. NAsdaq.com "Exro Technologies Inc is a Canadian based company commercializing patented technology designed to advance existing rotating electric machines. It is engaged in the production of electronics for electric motors and generators. The company serves car/truck, bus, generator, appliance, elevator, escalator, conveyor, ship drive, fan, pump, crane, HVAC, compressor, vacuum, train, industrial motor, wind turbine, and subway markets." #EV #wind #SSB #GREENENERGY #renewableenergy #investgreentech #greenhvac
OTC:EXROFLong
by Pokethebear
EXRO, LONGThis is one of the stocks that a good friend of mine likes and has continually been cost averaging it . I decided for a bit of fun I would play it with him, but using my technical approach , most of the stocks that I typically buy these days are things making new highs but I have decided that I will trade a small handful of his picks on the side but to only do so with my own risk management/entry style . Note: that the chart is incorrect , it changed today and is missing yesterdays price action , this morning it showed yesterdays ignition candle which is missing now for some reason , basically there was no gap up like is shown here ... I almost did not post this one due to that but decided to anyways and just explain that part , hopefully its not too confusing . EXROF , shows the correct price action , that's the OTC US currency version . One thing about my friend I have observed us that he is very emotionally disconnected from the market and this allows him to easily hold through downdraws and stay focused on his own opinion and most of his ideas are based on a story, he is not a technical trader . I personally have no stomach for sitting though downtrends but really respect his trading style and have watched him have some pretty incredible years . So , to each his own trading style. I liked the sign of real buying volume for the first time in quite a while after the tight consolidation and the potential ignition candle/50 sma takeback we had yesterday. I also liked the buy that showed up near the close on level 2 last night , there was one order on there for 92k at close that stood out yesterday and some other additional volume surges through the day , which is substantial for EXRO, it was also defined on the charts volume too . I should have entered this yesterday, at the close, but, I actually forgot my worksite laptop I usually bring in with me so I got long on open today , kind of paid a premium for that it turned out .... Long at 1.71 Stop Vs Low of Apr 4 th De-risk at 2R ( 2.43 )
TSX:EXROLong
by NAK1987
EXRO , Is this finally trending up ?? LongThis is one of my good buddy's picks , he's more of a fundamentalist's and initially played this name at around 0.30 and rode it up for huge gains . If not for him , I probably would not know about this one . They had some nice price action at that time but then there was a short seller report that same out and huge supply that came in , there have been some tiny pops since , this time having the strongest price action imo. But , none with any actual volume to validate . I am playing this on the wedge pop and because my buddy picked it and has been cost averaging it since the short sellers report with strong conviction . So , joining him, but I will use stops :) Cool company/tech in its early stages with lots of potential , and short report was not validated . Still lacking substantial volume.
TSX:EXROLong
by NAK1987
2
EXRO Technologies - pennant flag breakout up / downEXRO Technologies is very dynamically involved in EV growth offering batteries to be more efficient and offer more power using less energy, and applies to any electrical motor. Stock has consolidated in volume and momentum, but should now be at a value price EV/MC and nearing profitability growth business phase in 2023. Candlestick has formed solid pennant consolidation and MACD nearing a cross-over of 14/40 day period with a strong momentum consolidating for reentry and seeing an overall strong entry off todays low of $2.80. While a pennant can break downward, I do not see this company losing long-term holder support and have been bullish on this since late 2019. While having a strong cash on hand to grow management is opening a new US research site closer to end-users and ready to accelerate commerical end-uses. Seeing mid-2023 forward for strong 10-50x growth & profitability. EXROF #IP #Gamechanger #EV #RSI #MACD14-40 #volumelowconsolidation
OTC:EXROFLong
by Pokethebear