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REC SILICON ASAREC SILICON ASAREC SILICON ASA

REC SILICON ASA

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RNWEY trade ideas

REC Silicon sees its rise from Moses LakeREC Silicon will soon report news about its production start at Moses Lake, leaving the stock to probably rise from the bottom of its long term box range (between 10 and 20 for years, outliers occurs). REC Silicon have become the trading favorite at OSEBX (Oslo Stock Exchange) due to its volatility during news runs and Q-reports. Already bumped its bottom support level twice recently on the Daily chart, and formed a double bottom pattern, trading at the neckline. Long position to get in the game. Trade Idea: CEST Condition: Candle to close above the trend channel roof on the Daily Chart Entry: On re-test of the trend channel line the price just closed above SL: 9.5 TP: 14 R/R = 2 and 27 % Profit Note: Price might touch support before reversing to the upside, so please manage risk and entries accordingly
OSL:RECSILong
by JBiiiird
IHS confirmed , next BIG short squeeze?Long and strong IHS confirmation breakout and tested Fundamentals: Company fully funded and largest factory in Moses Lake has started production with recent contract signed for the next 10 years worth around 3 busd. Todays mcap is around 0.6 busd. Guided ebidta for 2025 is 100-300 musd Dept around 260 musd with favorable terms Production within 3 megatrends in the U.S, semi chips, solar and batteries (silane gas) All production sold out, but silicon anodes manufacturers ( Sila Nano, G14, Oned) has established around their Moses Lake facility in hopes for silane offtake. Amprius and Cenate has mentioned and hopes for REC silicon silane gas, and company itself says they have discussions with multiple companies regarding silane. REC has 70% markets share of silane gas, and it looks that replacing grafite with silicon will be the next big thing. The potential for REC silicon and its silane gas are endless the next 5 years as this explodes. REC also has a 15% stake in Yulin factory in China, and are in proccess of selling this stake, which is valued to 150 musd. 1/4 of todays mcap just in cash!! Proccess is going slow but we are close to an end... This stock is worth following the next year!! Also to mention is that due to restart and impairments, Moses Lake factory(replacement cost 1.7 busd) is zero in the books. Yulin has also been written down to zero... and revarsal of impairments would most likely be reversed next quarter, Yulin is a huge bonus with cash, and company has also recievd a large amount of pre payments in the 3 busd contract recently signed. Today REC silicon is one of the most shorted stocks in Oslo stock exchange, but there is a huge chance of a potential short squeeze here when market discovers fully what is about to happen here....
OSL:RECSILong
by Sirbalo
RECSI BULLWe just had an breakout from huge IHS and a triangel. Target around 26 NOK, trading now at buttom lines around 16 NOK. Mcap today is round 0.6 busd, and REC silicon this week got a signed contract with Hanwah, which is the largest shareholder in REC, worth 3 busd! The contract secures ebidta guided around 100-300 musd from late next year when the factory is in full capacity. REC silicon has sold out all its polysilicon capacity in Moses Lake to Hanwah, and we are still waiting on contracts for its silane. Battery anode companies such as G14, Sila Nano, Cenate, OneD, Amprius are all companies that would need Silane from REC silicon in the years to come, and we still awaiting contracts, and REC silicon is most likely in need of expansion. G14 and Sila Nano have bought land and factory, and are building next to REC silicon in Moses Lake, OneD has an pilot plant just down the road to REC. Cenate saying they will get their silan from REC, and has big plans in Butte montane for a large silicon anode factory. Amprius has also mentioned REC in its reports and discussions regarding silane. The list is long , and as semi and chips act are in place, REC silicon can benefit huge from this also. REC silicon are in center of 3 megatrends in the USA, solar, silicon battery anodes and semi... THIS STOCK IS A BARGAIN from current levels...
OSL:RECSILong
by Sirbalo
RECSI,Breakout from falling wedge?Bullish falling wedge pattern is forming after breakout from major resistance. A continuation upwards is most likely in my opinion. There is some resistance ahead, and a retest after breakout from the wedgepattern will make me confident about another breakout. My target is around 30NOK. If it will break down, there is a strong support around 14-10NOK I belive this a stock with good potenitial for growth, now with the big renewable enegy plan that is on the way in the US. This stock is clearly undervalued, and there is a strong posibillity that we will get positive news concering products for Semiconductors, batterys and solarpanels. REC Silicon is one of the world's largest producers of polysilicon for the solar energy industry and silicon materials for the electronics industry. The US has been too dependent on importing products overseas, and I belive there will be need too ramp up their domestic production capasity. If it is possible, It would be my pleasure to hear Your thoughts about this matter.. Solyt
OSL:RECSILong
by UnknownUnicorn17484418
2
BULLISH ONE WHITE SOLDIER MAYOR TREND REVERSAL? BUYGreen stocks have had en mayor correction last week. Nothing fundamental have changed in REC Silicon. All solar prices have had an mayor rise(pvinsight.com), and US are still working on making their own supply chain. REC silicon will have an mayor part in new batteries for EV the next years to come. They are world leading in Silan gases (70 % of market), which probably will be the new standard in EV batteries. Strong buy at these levels REC silicon listed on oslo stoch exchange
OSL:RECSILong
by Sirbalo
Promising Silicon CompanyRec Silicon is a producer of silane-based, high-purity silicon materials. Historically they got the stick from China who put a 57% tariff on their product and when Trump started the trade war it didn't help with the negotiations. They were forced to close their factory in Moses Lake but their factory in Butte is delivering positive EBITDA. With Biden there's a change in US politics and REC is situated in the middle of all of this as their product is both used in Solar Wafers and silicon components and it looks very promising that the next battery technology is going to use Silane as a material. USA are going to create their own renewable value chain and I do believe REC is going to be the one to deliver to it. 18 months ago the main owner of Rec Silicon had to sell 25% of the company because of liquidity problems. The buyer was Kjell Inge Røkke who got it for next to nothing. Røkke is a huge industrial developer in Norway and a personal friend of Bill Clinton since the time he saved and turned around Philly Shipyard to a profitable shipyard. Røkke moved REC into Aker Horizon portfolio, where the goal is to create a full chain of ESG companies, they are doing carbon capture, Windmills, Solar and Hydrogen to name a few things. Røkke also went to the bigger funds and banks and raised USD 150 mill in a private placement valued at 10.8 NOK. The last development is that Røkke demanded to switch out the board and become chair leader, he didn't have time to wait till May so it's happening in extra ordinary general election Thursday the 4th of Mars. The only other company he's a chairman in where he actually is doing business is Aker ASA which is the umbrella company. Why the rush? He's a man that makes things happen and when he smells business he goes for it. They haven't restarted the Moses Lake plant yet, but Group 14 and Violet Power are moving in next door and they need what Moses Lake produces. Time will tell but I've gone all in on this bet.
OTC:RNWEYLong
by SugarMuffin
We wanna BUY Recsi At 15-16.60Using 4h chart. We have had a big wawe upp. From 9.45 To 20-21. The Stock Are shortet Right now. And i Belive They will push the Price down. So They can acumulate more Stocks Before News. After this big wawe uppwards i Also want to Se a ABC correction. And Hopefully we can Get Recsi Below 16.60 But be in mind, that many buyers looking for This price. Rsi 4 h Get declined and is getting pushed downwards. We Are now inside in this Triangel. And resistens you find in the green Line.Break out from this will be reversal from Bear To Bull. Good luck Happy Hunting.
OSL:RECSIShort
by nova-lusus
2
BUY signal confirmed!! Fundamentaly the stock is solid. Strong short term and long term. If you look at pattern last month, we are probably looking to hit the roof in short term, most likely monday. Market look bright for Rec silicon next years and many triggers follow. The moses lake factory are closed due to trade war with China, but US are working hard to make its own value chain in solar and batteries. Rec silicon har world leading in its field and largest outside of china. If you belive that EU and US will try to make their independenta from China regarding solar production, then i would place all my bets on Rec silicon asa. Once message about reopening the moses lake plant comes, stock will double. Recomend to read recent news. Huuuuuge potential. The factory that are still open , Butte, having an yearly ebitda on 30 musd minimum, but prices is rising, so is the demand. Whole company at mcap less then 1 b usd. Raplacemeny cost of the 2 factories is 1.7 b usd... nothing is priced inn at the moment... huge potential.
OSL:RECSILong
by Sirbalo