Tanaris Power Holdings, Inc. TPHX
We’ve got a new item of interest this morning; TPHX represents both a potential bottom play opportunity on the chart, as well as a company that has an established product line, operating in an interesting space.
We’ve seen many purveyors of lithium-ion batteries before, but this is the first company we’ve ever focused on that applies the technology to cells designed for industrial automotive use. TPHX‘s product line is pictured below:
TPHX‘s battery modules feature industrial-duty, fully sealed enclosures, have a 3-5x longer run-time than their traditional lead-acid counterparts, and they weigh up to 70% less. The units are backed by a 5-year warranty, which we think demonstrates Tanaris’ commitment to the consumer, and confidence in its products.
The key component in all of TPHX‘s Li-Ion units is the advanced battery management system (BMS), which acts like the ‘brain’ of each battery. Using sophisticated algorithms that manage the safety systems, internal diagnostics, and operational control logic, the the software system maximizes the performance and overall life of the batteries. The BMS also lends the ability for customization for virtually limitless applications, and come with a lifetime guarantee.
Additionally, the company recently announced the launch of a brand new line of batteries with the capacity to exceed the energy density of its existing modules by as much as 40% >> VIEW PR
We’ll be interested to follow the TPHX news wire moving forward for updates on these technologies.
CHART:
Getting down to the TPHX chart, we have the potential for a classic bottom-play here. The stock is trading near its annual lows, and is beginning to look quite oversold.
The setup is similar to SOPW, the bottom play we called on Friday which had also undergone an extended period of unsustainable consolidation. It seems as if TPHX could also be nearing that point, so we’re going to tag it for close observation.
On the following snapshot of the chart, it’s easy to identify the potential for a substantial move from this stock. A return to pre-June PPS levels from this juncture would yield gains on the order of 200% so we’ll definitely be watching out for a possible rebound.
We prepared a video chart for TPHX:
More Information @ http://tanarispower.com