RichTV Analyzes The Technical Chart for Vicinity Motor Stock

When it comes to successful investing, there is no substitute to being well informed and the best way of being well informed about the markets nowadays is by getting the information online. Over the course of the past few months, RichTV Live has emerged as one of the leading resources for retail investors looking for information on the stock market.

The YouTube channel provides key information on a wide range of stocks and also looks into breaking news stories regularly. The analyst is also known for providing technical analyses on different stocks. In the video published by the channel on Friday, the analyst looked into the Vicinity Motor Corp (TSXV:VMC) (OTCQX:BUSXD) (FRA:6LG) stock. The company is one of the notable operators in the bus manufacturing space. It makes CNG buses, electric buses, and clean diesel buses as well.

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Major Analysis

In this regard, it might be important to point out that Rich Tv has covered this company in the past as well, and hence, there might be some interesting content for investors in the channel’s archives. Earlier this month, the company announced that it is going to make a presentation at the Planet MicroCap Showcase that is going to start tomorrow and continue up until April 22.

It is an important event and it is likely that many investors are going to be interested in the company’s presentation. It is in this sort of situation that it might be a good idea to take a look at the technical analysis from the RichTV Live analyst.

The Founder and the Chief Executive Officer of the company William Trainer is going to host the presentation virtually. Additionally, he will also participate in one on one meetings during the course of the event.

The RichTV analyst stated that as of last Friday the stock was in the middle of an upward trend and went on to point out that the stock has been a notable success story already. In such a situation, it is necessary to keep in mind that any notable announcements from the company at the event might come as a boost for the stock. Investors could do well to keep the stock in their watch lists for the time being.

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