Market's view on Clean Power Hyd
Published on April 2024
- Positive sentiment exists around the company’s honesty and substantial cash reserves.
- Stock watchers are anticipating future updates on the company’s progress.
- Interest in hydrogen as a future fuel is driving attention towards the company’s involvement in this sector.
- The company’s “Membrane-Free Electrolyser” raises curiosity; distinctions from traditional alkaline electrolysers are not clear.
- Stock price movements are closely monitored, with expectations of price increases to the 20s and predictions of reaching 25p based on chart analysis.
- There is a pattern of buying activity around 2:30 PM daily, with strong buying signals and no significant selling resistance observed.
- Optimism about the stock reaching over £1 by the end of March is noted.