$MVST - Consolidating Ahead of a Possible Third Rally Leg

$Microvast Holdings, Inc.(MVST)$ - Consolidating Ahead of a Possible Third Rally Leg

An advanced battery technology company that did an impressive +340% move post earnings gap up of MVST on 13th Nov with YoY Quarterly +267% EPS (+225% Surprise) / +27% Sales (+2% Surprise). $410M Market Cap currently, with annual sales as much as $320M. Average dollar volume is $43mil.

This was mentioned by K94681Dev in my feed yesterday, but I wasn’t interested due to the extension of 8.6x ATR% from the 50-MA. Interestingly, it also appeared on my 'Hottest Stock' screener, even with a compression filter applied.

I did a quick study and found that the first two rally legs pushed the stock an incredible 16x to 22x ATR% multiples away from the 50-MA, showcasing remarkable momentum. Just 10 sessions ago, the ADR% was as high as 37%, now settling at 25% during this consolidation phase.

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BHTR07
12-17 02:01
BHTR07
Great article, would you like to share it?

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Average dollar volume is $43mil. This was mentioned by K94681Dev in my feed yesterday, but I wasn’t interested due to the extension of 8.6x ATR% from the 50-MA. Interestingly, it also appeared on my 'Hottest Stock' screener, even with a compression filter applied. I did a quick study and found that the first two rally legs pushed the stock an incredible 16x to 22x ATR% multiples away from the 50-MA, showcasing remarkable momentum. Just 10 sessions ago, the ADR% was as high as 37%, now settling at 25% during this consolidation phase.<img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/96b69b0a2c5de0db68f2b3f0906ba048\" tg-width=\"1312\" tg-height=\"962\">Image</body></html>","htmlText":"<html><head></head><body> <a data-mention-id=\"MVST\" class=\"teditor-mention\" data-mention-name=\"Microvast Holdings, Inc.\" href=\"https://ttm.financial/S/MVST\">$Microvast Holdings, Inc.(MVST)$</a> - Consolidating Ahead of a Possible Third Rally Leg An advanced battery technology company that did an impressive +340% move post earnings gap up of MVST on 13th Nov with YoY Quarterly +267% EPS (+225% Surprise) / +27% Sales (+2% Surprise). $410M Market Cap currently, with annual sales as much as $320M. Average dollar volume is $43mil. This was mentioned by K94681Dev in my feed yesterday, but I wasn’t interested due to the extension of 8.6x ATR% from the 50-MA. Interestingly, it also appeared on my 'Hottest Stock' screener, even with a compression filter applied. I did a quick study and found that the first two rally legs pushed the stock an incredible 16x to 22x ATR% multiples away from the 50-MA, showcasing remarkable momentum. Just 10 sessions ago, the ADR% was as high as 37%, now settling at 25% during this consolidation phase.<img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/96b69b0a2c5de0db68f2b3f0906ba048\" tg-width=\"1312\" tg-height=\"962\">Image</body></html>","text":"$Microvast Holdings, Inc.(MVST)$ - Consolidating Ahead of a Possible Third Rally Leg An advanced battery technology company that did an impressive +340% move post earnings gap up of MVST on 13th Nov with YoY Quarterly +267% EPS (+225% Surprise) / +27% Sales (+2% Surprise). $410M Market Cap currently, with annual sales as much as $320M. Average dollar volume is $43mil. This was mentioned by K94681Dev in my feed yesterday, but I wasn’t interested due to the extension of 8.6x ATR% from the 50-MA. Interestingly, it also appeared on my 'Hottest Stock' screener, even with a compression filter applied. I did a quick study and found that the first two rally legs pushed the stock an incredible 16x to 22x ATR% multiples away from the 50-MA, showcasing remarkable momentum. Just 10 sessions ago, the ADR% was as high as 37%, now settling at 25% during this consolidation phase. 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