Beam Global (BEEM)

40.40
NASDAQ
Prev Close 43.70
Day Low/High 40.24 / 44.48
52 Wk Low/High 6.09 / 75.90
Exchange NASDAQ
Shares Outstanding 7.02B
Market Cap 306.95M
P/E Ratio N/A
Div & Yield N.A. (N.A)

But don't be surprised to see some sudden drops for no apparent reason.

The stock picking is exceptionally strong and has little correlation with the indices.

This action tells us much more about the health and sentiment of this market than the S&P 500 which is trading flat.

What we are seeing is a scramble to add long exposure.

Here's my trading strategy for this EV charging stock.

This great trading action comes in an environment with so many dramatic news headlines.

Battery charging needs for electric vehicles are growing quickly and so far there are very limited ways to play that need.