Summary
- KULR Technology stock has shown significant volatility, trading between $0.10 and $1.7499, with recent gains suggesting a potential breakout from a bearish trend.
- Promising Q3 2024 earnings, including record revenue and reduced operating expenses, highlight KULR’s improving financial health and operational efficiency.
- KULR Technology’s strategic moves, such as a defense contract and Bitcoin allocation, along with NASA-certified products, enhance its market position and investor appeal.
- Despite recent gains, KULR remains in a long-term bearish trend, needing to surpass $2.22 to confirm a reversal, but its technology and IP make it a potential acquisition target.
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mikkelwilliam
The lithium price remains near the lows, weighing on lithium mining companies.
The chart shows the continued weakness in lithium carbonate prices. Lithium is a critical metal for lithium-ion rechargeable batteries. KULR Technology Group, Inc. (NYSE:KULR) offers
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