BRQS can easily double from here!Borqs’ Subsidiary Holu Hou was Energy Featured in a New York Times article today.
Holu Hou Energy has signed $49.8 million of Contracts in Q2 2022 in the State of Hawaii and are on track to sign onto over $140 million of contracts this year surpassing their previous forecast of $128 million.
Borqs Technologies has also Purchased 5G License with Qualcomm.
52 Week Range 1.60 - 17.28.
Market Cap of only 29Mil.
My price targets are $4.60 and $6.65.
Looking forward to read your opinion about it.
Borqs
BRQS cheapest EV and 5G playBRQS Borqs is a global provider of 5G wireless solutions, Internet of Things and innovative clean energy. It operates in the U.S., India and China.
Borqs and its recently acquired subsidiary, HHE, will jointly develop EV chargers and generators which will be integrated with HHE Smart Load Panel in its solar energy + battery solution.
BRQS Market Cap 35.463Mil
52 Week Range 0.20 - 1.60
The minimum upside potential is 2-3X from here in my opinion.
BRQS 5G Automobile and EV Smart Cockpit Market playBorqs Technologies is a global provider of 5G wireless solutions, Internet of Things (IoT) solutions, and innovative clean energy with operations in the United States, India and China.
Borqs Technologies has entered into a five year Strategic Cooperation Agreement with Cheyin Intelligent Technologies, an intelligent vehicle solutions provider for automobile OEMs, to develop manufacturing of In-Vehicle-Infotainment systems, intelligent cockpit systems and intelligent assisted driving systems.
Depending on the development, this stock can go to $1.9 i think.
BRQS Borqs 5GPrice TragetBRQS Borqs Technologies is sitting now close to all time low at the strongest support, with bullish news lately.
Yesterday`s volume was high, 18mil, for a mk cap of 105mil.
My price target is the 2.1usd resistance.
Free to flyThis company has a huge project to develop in partnership, plus government support. Do your research. I've been tempted to get over my shares due to impatience, but it happened before with NIO when it was just $2.53 and look now... I regret selling my 2000 shares at that price. This is not investment advice just my opinion.
I believe 5G has a better future now.
