Volcon VLCN stock has been breaking it’s trend with large volume and a 29% change in PPS in 5 days.

Wondering why this stock is taking off, take a look below.

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Now, let’s go over some of the basic information on this stock before we get in the technical analysis

VLCN Stock, Volcon Inc. Company Information:

Company Name: Volcon Inc.

Ticker: VLCN

Exchange: NASDAQ

Website: https://www.volcon.com/

Volcon Inc. Company Summary:

Volcon, Inc. engages in the design and development of electric outdoor power sports vehicles. It also offers electric two and four-wheel motorcycles and utility terrain vehicles. The company was founded by Christian Gerard Okonsky and Adrian James on February 21, 2020 and is headquartered in Round Rock, TX.

VLCN stock News:

Jul 01, 2022 (GLOBE NEWSWIRE via COMTEX) — Austin, Texas USA, July 01, 2022 (GLOBE NEWSWIRE) — Austin, TX | July 1, 2022: Volcon Inc. (NASDAQ: VLCN), (“Volcon” or the “Company”), the first all-electric, off-road powersports company, is redefining the off-road experience with the reveal of the Volcon Stag today. Built by enthusiasts for enthusiasts, the Stag is purpose-built with today’s leading technologies. Beginning now, powersports enthusiasts, outdoor adventurers, and hard-working professionals alike will be able to reserve their very own Stag by visiting www.volcon.com/stag.

VCLN stock 5 Day Chart

Volcon Technical Analysis:

Volcon could be the best stock if it wasn’t for the lack of IR strength. The lack of marketing strategy is what concerns me.

It is up 154% for volume and significant for PPS.

Reminding all the traders out there to leave your emotions at the door and never, ever, try to trade with money you don’t have to lose.

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