Update

AwesomeStocks Don’t want emails from us anymore? Click [here]( to unsubscribe. Hello! This is an update of our newest alert, VLCN. Following yesterday’s alert, VLCN opened at 1.18 and briefly rallied to a high of 1.22, afterwards closing the day at 1.17. Looking at the chart, VLCN could be positioning for a big bounce higher. VLCN has a RSI of 33, suggesting the opportunity for increased upside. VLCN has a 50 day moving average of 2.10, more than 77% above yesterday’s open. In the event that VLCN holds above its recent lows, there exists potential for a bounce higher. In the past, we have seen companies with a similar chart setup experience increased growth. A breakout above the 5 day moving average of 1.21 could present increased upside potential. As a reminder, the company’s accomplishments last week and this week could be catalysts for growth. Last week, the company announced: “Initial Units of Volcon’s New EVO Electric Motorcycle Now Shipping to US Customers” VLCN “has begun shipping units of the new Grunt EVO motorcycle to US customers via their powersports dealer network. The Company anticipates additional shipments to be made over the coming weeks as the dealer pipeline is filled. Interest remains strong both domestically and in Latin American markets.” As the company further explained: “Initial shipments have left Volcon’s warehouse in Round Rock, Texas and customers will start receiving their new EVOs in a few days. The new Grunt EVO is Volcon’s latest edition of its fat-tired, off-road, two-wheel electric motorcycle. One of the key features is the near-silent Gates Carbon Belt Drive (Moto X9) which replaces the chain drive on the original Grunt (Grunt FE). Customers can expect improved suspension with custom-tuned Walker Evans shocks and an overall weight reduction of 20 percent for improved handling.” Importantly: “Volcon shipped the first EVO units in September to fulfill multiple Latin American contracts where there is a thriving market for the Grunt FE and EVO motorcycles. One of the contracts fulfilled in September was with Brazilian importers, Ventura Experience, who signed a three-year distribution agreement with the Company at a $12 million minimum purchase requirement, effective March of this year.” In addition: “Volcon continues to expand its customer base with new editions of its two-wheel and UTV product lines, targeting outdoor enthusiasts, traditional powersports families, wildlife conservation groups, and other audiences needing silent, rugged vehicles with exceptional all-terrain capabilities. Those interested can custom configure their EVO at no cost on Volcon’s website or visit their preferred dealer to see the latest promotions for the FE models (where available) and the new 2024 EVO.” Also, last Friday, the company announced: “Volcon ePowersports Announces It Has Entered Into Initial Low Volume Production of Its Flagship STAG UTV” VLCN “has entered low-volume production and is conducting production validation testing for its flagship product, the Stag UTV. The Company’s manufacturer, GLV Ventures, is currently building production validation units of Stag LTD, one of four trim levels being offered. Early production units are being put through the last phase of testing with compliance testing already complete, marking a major milestone for the Company.” In addition: “The beginning of low-volume production marks the Company’s achievement of its recent announcement that it would begin production by October of 2023, as well as bringing it one step closer to achieving shipments in the fourth quarter of this year as promised. The Company plans on making initial shipments of approved production units to the US Army Corps of Engineers as part of its recent collaborative research and development agreement.” All of this followed by this week’s breaking news which we discussed previously: - “Volcon ePowersports Strikes Exclusive Distribution Deal with Indi Imports in New Zealand” As more investors discover this company, they could notice what we believe to be an overlooked opportunity. Sources: [PR1]( [PR2]( [PR3]( [PR4]( [PR5]( [PR6]( [PR7]( [PR8]( [PR9]( [PR10]( [Website]( [Chart]( Happy Trading! AwesomeStocks Note: We encourage all traders and investors to develop personal trading rules that you can follow and that work for you. Always protect your downside and note that we alert extremely volatile short-term opportunities. Before investing in securities, you should always consult with your financial, tax and legal advisor and never invest money you cannot afford to lose. DISCLAIMER You should read and understand this disclaimer in its entirety before joining the website or email/blog list of AwesomeStocks.com (the “Publisher”). The information (collectively the “Advertisement”) disseminated by email, text or other method by the Publisher including this publication is a paid commercial advertisement and should not be relied upon for making an investment decision or any other purpose. 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