Multi Year Breakout candidate
China’s export restrictions are expected to create supply gaps, particularly in the US, which could boost demand for HEG’s products. Additionally, the global shift towards eco-friendly steel production using Electric Arc Furnaces (EAF) is expected to drive long-term demand for graphite electrodes. HEG has also recently expanded its production capacity and announced plans to venture into making graphite anodes, a critical component for electric vehicle batteries.
Entry can be planned on pullback near 500-510 zones
Entry can be planned on pullback near 500-510 zones
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