AYRO Inc (AYRO)

[georgie18]

DCAR...$1.20...Channel Breakout of the .50/70 range on the Highest Green Volume in the history of DCAR...Needs to break/hold the 200ma for a move back up to the $6 range...RSI is slightly Overbought...I am hedging as usual with a bid at the open gap...

Chart...http://schrts.co/rvATNaAE

Highlights from Yesterday's Merger News...

The merged company would focus on creating a leading electric car company for Campus Management, Last Mile Delivery, Urban Commuting and Closed Campus Transport. The combined company is expected to operate under the name AYRO, Inc. and trade on the Nasdaq Capital Market.

Earlier in 2019, AYRO and Club Car (subsidiary of Ingersoll-Rand (NYSE: IR)) announced a strategic partnership to supply Club Car its first light duty, compact, all-electric, and emissions-free utility truck vehicle, initially branded the Club Car 411.

https://www.ayro.com/

https://www.drop.car/

It is just my view but I think we see a 50/100 Million Market Cap with a successful Merger in 2020...

Market Cap
4,874,258
12/20/2019
Outstanding Shares
4,061,882
11/14/2019