AQMS, next Highflyer like NIO Part 2In that second Part i will highlight the similarities between NIO and AQMS.
Compare the two ellipses with each other and you can see how they are equal and see the steep increase Nio had.
The increase from the low at 2.16 USD was 29.5 fold (!!!) up to the Top.
Taking that into account for Aqua Metals would mean a Top around 36 USD.
The fundamental drivers behind such a massive increase could be new contracts with their lead recycling patents, overgenerating income and a final solution for their ongoing research on Lithium-Ion battery recycling, especially with contracts in the car industry.
As always only my Opinion and no trade advice.
Referring to my last Chart on AQMS
Aquametals
Aqua Metals, the next Highflyer like NIOAqua Metals had a superior run, after the Crash with the burned Lead refining factory they got lots of support from their insurance company to build up again
and to come along with their patent system on their 99,99% lead recycling patent.
Got contracts in India via Patent and now acquired a new company with their Patent to recycle Lithium batteries/akkus aswell.
The prospected market outlook in the next 3 years is massive as more and more EV get on the streets and their batteries need to get recycled. The market is somewhere in the 25 Billions as i remember, will bring along detailled figures here.
So far the fundametals are amazing, let's get over to the TA.
AQMS made a pullback to the daily 21 EMA, which was the best entry if not invested already. So far we still can retest another Fibos lower around the 4.20 - 2.70 USD, true BUY-INNS.
The daily Bullish cross on the MACD will bring us up very fast coming week or 2.
Conclusion - Aqua Metals is a rising star with a unique selling point, their lead recycling and now adopting to get the lithium recycling aswell, which comes to 2 unique selling points ;)
A clear growth Share.
Trade safe and as always, this is just my own opinion and no trading advice.
Yours coinwide
Aqua Metals Inc“After seeing firsthand the maturity of the AquaRefining technologies, I knew that I could make a direct impact as the Company executes on its growth plan to license these technologies on a global basis, beginning with delivering the world’s first licensing package to Clarios,” said Han.
Dr. Feng Han, new Vice President of Licensing and Pricing at Aqua Metals
I personally see a good future for green companies like that one.
As always not a trading advice
