- Bullseye Trades
- Posts
- đ DFLI powers over 20% higher đ
đ DFLI powers over 20% higher đ
Markets flopped, but this stock has been a big moverâŠ
*Sponsored by Lifewater Media. Please see disclosures below.
Good morning!
Dragonfly Energy Holdings (Nasdaq: DFLI) had a great start yesterday, and I am pumped to see what is ahead of us from here!
Coming off of some pretty oversold conditions, it doesnât surprise me that we saw a violent move like that. It is so fun to see these types of moves early on.
I mean, in just a day, DFLI delivered over 20% after I shared it with youâŠ
(đThis is just a ONE-DAY chart from yesterday! đ€Ż)
Perhaps this article was a driver of that? I noticed it yesterday, and maybe the market is a little slow digesting the news?
You definitely should check it out.
DFLI announced that they are now guiding HIGHER on revenue estimates for this year. Weâre not talking about a little bit either⊠they are aiming for 36% growth at the midpoint on huge revenues of $112-122 MILLION.
For a small stock like DFLI, I think that is a huge deal.
Now, remember that chart I showed you yesterday detailing how DFLI has been trading lately?âŠ
Once again, that âtight formationâ on the indicators proved to be a great signal as DFLI surged over 20% higher since yesterdayâs opening price.
As a refresher, Dragonfly Energy Holdings (Nasdaq: DFLI) has set out to develop cleaner and less wasteful processes to create lithium-ion batteries. Their cutting-edge technology is enabling the widespread conversion to green, renewable energy.
Dragonfly Energy Holdings (Nasdaq: DFLI) produces batteries that solve todayâs lead-acid problem and are creating next-generation non-flammable solid-state batteries to address tomorrowâs energy storage needs.
To understand how important cutting-edge batteries are right now, just consider thisâŠ
Recently, Elon Musk bluntly said that a battery shortage is the one thing holding back Tesla. (1)
It is a MAJOR problem that every manufacturer is facing right now.
However, Dragonfly Energy Holdings (Nasdaq: DFLI) is meeting this challenge head-on.
This company is at the forefront of developing cleaner and more efficient lithium-ion batteries and has its focus on next-generation non flammable solid-state batteries.
Company insiders are such strong believers that they still own over 60% of the shares. (2)
In fact, while Elon is out there selling shares any chance he gets on TSLA, DFLI insiders have even been buying more shares on the recent dip. (3)
When management steps up and buys shares, that is about the strongest statement of confidence you can findâŠ
(note: ZERO shares sold⊠and DFLI traded over 700% higher than current levels just in December of last year alone!)
Dragonfly Energy Holdings (Nasdaq: DFLI) was an early mover in the transition from lead acid to lithium-ion batteries in the RV industry. Their new batteries are non-toxic, lighter-weight, longer-lasting, and safer than their lead-acid counterparts. As a result, they not only improved customer experiences but also enhanced and powered their lifestyles.
Since 2018, Dragonfly Energy Holdings (Nasdaq: DFLI) has sold over 175,000 of the most popular deep-cycle lithium-ion batteries on the market, leading to rapid growth of both the Dragonfly Energy and Battle Born Batteries brands. The companyâs products have been well received, not only for their superior quality but also for the exceptional customer service and support provided by the company.
I learned a lot about the company simply by watching some of the short videos they put out recently. They are very well-produced and tell a great story about what they do and the opportunity at hand.
I encourage you to take a few minutes and watch some of these for yourselfâŠ
Itâs not just insiders who love the stock.
Wall Street analysts are warming up to the story as well.
SeekingAlpha reports that analysts have an average price target that is over 204% higher than current levels. (4)
And the word is getting out. From their website, just look at some of the places that have picked up on Dragonfly Energy Holdings (Nasdaq: DFLI) alreadyâŠ
And they have secured MAJOR partnerships with some top RV and outdoor brands like:
Dragonfly Energy Holdings (Nasdaq: DFLI) lithium-ion batteries address the limitations of lead-acid batteries, which suffer from poor shelf life and toxicity. For example, in material handling and forklift industries, lead-acid batteries have traditionally been installed after the manufacturing process due to these deficiencies. However, lithium-ion batteries enable original equipment manufacturers (OEMs) to install the batteries directly during manufacturing, eliminating post-production hassles.
One of the biggest opportunities I think they have ahead of them is coming with cutting-edge âsolid-stateâ battery technology. đ
Dragonfly Energy Holdings (Nasdaq: DFLI) was recently awarded a patent (5) on the concept, and there is enormous potential if they are successful here.
In fact, from their website, youâll see that they have 45 active patents and an incredible footprint already established.
If you donât know about solid-state batteries, see for yourself how big this market is going to be.
I think it is going to completely replace lithium-ion batteries in the next few years.
This report from Straits Research shows that they expect the market for solid state batteries to grow over 36% year over year and become more than a $13 BILLION market by 2030. (6)
Dragonfly Energy Holdings (Nasdaq: DFLI) is not your run of the mill âbattery maker.â This is a high-tech company that is delivering cutting edge technology in a sector that is undeniably going to be hot for many, many years to come.
Considering how low the stock price is right now versus just a few months ago, I think it is a no-brainer to dig deeper into this story and see for yourself if DFLI deserves a spot in your portfolio.
I think it is a great idea to get familiar with the risks and opportunities associated with DFLI. A great place to start would be to visit their website and learn more about them.
Good luck, and happy trading!
To Your Success,
*Please see disclosures below
Sources:
1. https://fortune.com/2022/10/19/elon-musk-lithium-shortage-refinery-in-texas/ 2. https://simplywall.st/stocks/us/capital-goods/nasdaq-dfli/dragonfly-energy-holdings/ownership 3. https://www.nasdaq.com/market-activity/stocks/dfli/insider-activity 4. https://seekingalpha.com/symbol/DFLI/ratings/sell-side-ratings 5. https://www.yahoo.com/now/dragonfly-energy-receives-us-patent-142059244.html 6. https://straitsresearch.com/report/solid-state-battery-market
Questions or concerns about our products? Email [email protected] © Copyright 2022, RagingBull
*PAID ADVERTISEMENT. RagingBull has been paid fourteen thousand dollars by ach bank transfer by Lifewater Media for advertising Dragonfly Energy from a period beginning on April 12, 2023 through April 13 of the same year. As a result of this advertisement and other marketing efforts, Raging Bull may receive advertising revenue from new advertisers and collect email addresses from readers that it may be able to monetize. As of the date of this advertisement, the owners of Raging Bull, do not hold a position in Dragonfly Energy. This advertisement and other marketing efforts may increase investor and market awareness, which may result in an increased number of shareholders owning and trading the securities of Dragonfly Energy, increased trading volume, and possibly an increased share price of the Dragonfly Energy securities, which may or may not be temporary and decrease once the marketing arrangement has ended.
FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. This advertisement is for educational and informational purposes only. All material information contained in this advertisement is based on information generally available to the public, which public information is believed to be reliable and accurate. Nevertheless, Raging Bull can guarantee the accuracy or completeness of the information. This advertisement does not purport to be a complete analysis of any companyâs financial position. This advertisement or any statements made in it is not, and should not be construed to be, personalized investment advice directed to or appropriate for any particular individual. The statements made in this advertisement should NOT be relied upon for purposes of investing in the companies mentioned in this advertisement, nor should they be construed as a personalized recommendation to you to buy, sell, or hold any position in any security mentioned in this advertisement or in any other security or strategy. It is strongly recommended that you consult a licensed or registered professional before making any investment decision.
SUBSTANTIAL RISK INVOLVED. Any individual who chooses to invest in any securities of the companies mentioned in this advertisement should do so with caution. Investing or transacting in any securities involves substantial risk; you may lose some, all, or possibly more than your original investment. Readers of this advertisement bear responsibility for their own investment research and decisions, and should use information from this advertisement only as a starting point for doing additional independent research in order to allow individuals to form their own opinion regarding investments. It is easy to lose money investing or trading, and we recommend always seeking individual advice from a licensed or registered professional and educating yourself as much as possible before considering any investments.
NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER. Raging Bull, or any of their owners, employees or independent contractors is currently registered as a securities broker-dealer, broker, investment advisor (IA), or IA representative with the U.S. Securities and Exchange Commission, any state securities regulatory authority, or any self-regulatory organization.
USE OF FORWARD-LOOKING STATEMENTS. Certain statements made in this advertisement may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and 21E of the Exchange Act of 1934. Forward-looking statements often include words such as âbelieves,â âanticipates,â âestimates,â âexpects,â âprojects,â âintends,â or other similar expressions of future performance or conduct. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made and are not statements of historical fact. They involve many risks and uncertainties that could cause actual results or events to differ materially from those presently anticipated. There is no guarantee that past performance will be indicative of future results. Raging Bull does not undertake an obligation to update forward-looking statements in light of new information or future events. Readers can and should review all public SEC filings made by the companies profiled in the Advertisements at https:// www. sec. gov/edgar/ searchedgar/companysearch
TRADEMARKS. All trademarks used in this advertisement are the property of their respective trademark holders and no endorsement by such owners of the contents of the advertisement is made or implied.