Following Noco Noco for a while now, and I gotta say, this partnership with Neoen feels like the next step in their evolution. Exciting to see them expanding into new markets!!!
India's energy storage market growing at over 22% is massive! Teaming up with Neoen sounds like a smart move, could really push their tech to the forefront.
Extending battery lifespan in extreme temperatures is a game-changer, especially for a diverse market like India's. I'm intrigued to see how this partnership unfolds...
Apparently, the market did not like it's SPAC merger last August, sending the stock price down +90%, from about $10 / share to $1.50ish, then $0.12ish. Here we are now and the stock is attempting to breakout above $0.30. It's failed breakout in March may have just established a higher low this month at $0.16, confirming upside momentum. It may be now ready to test this week a consolidation range of $0.22 / $0.25, then $0.30, then, perhaps, back to the $1.20-$1.50 range. Long term, I like its business development strategy. The big reward, of course, would be a buyout by a much bigger industry player. Full disclosure: I have a position at $0.21 and looking to add.
Following Noco Noco for a while now, and I gotta say, this partnership with Neoen feels like the next step in their evolution. Exciting to see them expanding into new markets!!!
It's cool to see industry leaders coming together to tackle big challenges like sustainable battery solutions. Noco Noco seems to be in good company.
India's energy storage market growing at over 22% is massive! Teaming up with Neoen sounds like a smart move, could really push their tech to the forefront.
Extending battery lifespan in extreme temperatures is a game-changer, especially for a diverse market like India's. I'm intrigued to see how this partnership unfolds...
Apparently, the market did not like it's SPAC merger last August, sending the stock price down +90%, from about $10 / share to $1.50ish, then $0.12ish. Here we are now and the stock is attempting to breakout above $0.30. It's failed breakout in March may have just established a higher low this month at $0.16, confirming upside momentum. It may be now ready to test this week a consolidation range of $0.22 / $0.25, then $0.30, then, perhaps, back to the $1.20-$1.50 range. Long term, I like its business development strategy. The big reward, of course, would be a buyout by a much bigger industry player. Full disclosure: I have a position at $0.21 and looking to add.