Current Price $0.04 Price Target $0.20 Long Term Target $1
Good time to add as we are hitting support
ALYI for those who dont know is a EV motor Bike company. They are in the process of manufacturing for a June delivery of 2,000 bikes. They are looking to be the Uber of Africa by offering their EV bikes along with a ride sharing service.We have been talking abt ALYI for a while now, Given the absolute delusional valuations that are being thrown around for US EV companies. For example Nikola a company without a working car or scheduled orders they are trading at a 4 billion market cap. Down from ALYI’s highs of $0.20 I think we will see a retracement back to that $0.20 level relatively soon. Im long stock!
Good time to add as we are hitting support
ALYI for those who dont know is a EV motor Bike company. They are in the process of manufacturing for a June delivery of 2,000 bikes. They are looking to be the Uber of Africa by offering their EV bikes along with a ride sharing service.We have been talking abt ALYI for a while now, Given the absolute delusional valuations that are being thrown around for US EV companies. For example Nikola a company without a working car or scheduled orders they are trading at a 4 billion market cap. Down from ALYI’s highs of $0.20 I think we will see a retracement back to that $0.20 level relatively soon. Im long stock!