KULR Technology Group Inc develops and commercializes high-performance thermal management technologies for electronics, batteries, and other components. The company is focused on targeting the following applications: electric vehicles and autonomous driving systems; artificial intelligence and Cloud computing; energy storage; and 5G communication technologies.
News from 02/10/2024:
KULR Technology shares are trading higher after the company announced it secured a $2.35 million licensing deal with a Japanese corporation. The deal includes a $1.1 guaranteed licensing fee and the potential upside for equipment sales and upgrades.
KULR also works together with bigger companies like:
TSLA, GM, NASA, LMT,
Overall Market Sentiment:
It’s always crucial to consider overall market sentiment when making trading decisions.
Breakout Zone:
$043 - 0.45
Resistance Points:
$0.55
$0.70
$0.85
Surpassing these levels could signal a positive trend. Consider taking profits at these levels to realize gains.
Trading Strategy:
Entry:
I would wait after ER has been released on 13th of November 2024 and watch the $0.43 - 0.45 key zone for a breakout and possible retest of it.
Take Profit (TP): Set a target at $1.00
Stop Loss (SL): Set at under $0.25 to mitigate potential losses.
Chart Analysis:
Please refer to the attached chart for detailed analysis of price trends and movements.
Trading Advisory:
Exercise caution and consider market conditions and your own risk tolerance when trading. It's advisable to conduct comprehensive research or consult with a financial advisor before engaging in trading activities.
Disclaimer: This content is for informational purposes only and should not be considered financial advice.