Electrameccanica Vehicles Corp. (SOLO) – Buy Price: $3.30 or better

Buy Price: $3.30 or better
Sell Price: TradersPro Sell Signal

Electrameccanica Vehicles Corp., a development-stage company, develops, manufactures, and sells electric vehicles in Canada. The company operates in two segments, Electric Vehicles and Custom Build Vehicles. Its flagship product is the SOLO, a single seat vehicle. The company is also developing Super SOLO, a sports car model; and Tofino, an all-electric two-seater roadster.

The stocks founds in the One Hot Stock category use stocks that are in long term, short term trends and are early in the buy signal trend. It is a confirmation strategy that waits for the stock to make a move then a trader enters the trend at specific prices. In many cases stocks that are in up trends tend to continue the overall trend direction and the prior trend is the path of least resistance. To learn more about trend following as well as reversal strategies you can go here.


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