TURB likely struggles with $2 resistance (large seller/500-day SMA) but could break through on high volume.

Next here is going to be Turb. This is Turbo Energy. This is a Spanish company, right? Yeah. It's headquartered in Spain. This thing. Wow. What were you guys trading this initial pop?

Brent, I think you were out there. Maybe Jay Wild, you were out there on this one. Anyway, Turb, this thing spiked up just shy of four. Came all the way back in. Currently sitting at the VWAP. Let's see if we had moves on this bad boy.

Indeed, Turbo Energy announces 15 firm order energy storage products in Spain and Chile valued at about 3.48 48 million totaling 15.6 megawatts of storage and 5.95 megawatts of power.

So a3.48 million deal. At least we got a number in this one. 13 right there in the headline.

Cap of this company is 10 million. So it's pretty good size compared to its market cap. Float on this stock 3.54 million. And if we take a look at the short interest on here, 6.23% of the float shorted.

It's notable that this has come in substantially from some of the high levels that it had somewhat recently. days to cover on this thing. 2.64

I like this support that it's been getting from the VWAP, though it's, you know, significantly slowed down here with the upside. That's also due to fading volume. Appears to be a large seller here at $2, which get taken out.

Then there's going to be likely a move up towards 250 though. Uh I question how much higher um or with this current volume how much higher it's going to go beyond 225. What's also notable is that there was insider buying.

It's not significant uh amounts but still insider buying nonetheless. Uh that took place in early July ahead of a lot of these uh recent moves it's been having especially with the uh uh their first half uh of their uh their their re year the first half of 2026. uh you know the reported earnings uh so I think all that's notable uh where does this go from here

uh 13 one thing I wanted to add here on the insiders one of the things that Tim has been talking about recently that I think bear is mentioning here you had mentioned how you know it's not a whole lot but it's still open market buying and you're correct about that but the other thing to attach to that is that some of these CEOs especially or or the seauite executives that work at these companies.

A lot of them, it's not as if they're coming from like Open AI and they have millions and millions of dollars invested stock options and things like that. Some of these folks like don't really have big-time CEO money.

I don't want to say they don't have a lot of money. I don't know, but they don't have like big time CEO money. So sometimes when you see an a buy that doesn't appear all that huge still notable because that person doesn't have loads and loads of money clearly wants to make it and is buying their own stock.

So something else to consider there even when the value or the number of shares is a little bit lower.

Yeah. And when you look at a larger time frame I mean this this thing really does look like it's going to have uh a bit of a time dealing with $2. Uh it's just uh uh about where the 500 day SMA is.

You look to the left, that was a uh a previous uh resistance area uh turn support and now it's resistance again. So, and we're we're getting pretty we the RSI will be pretty extended when we open here.

So, I could see $2 being a bit of an issue here, but um you know, it eventually may go through it, but I don't know about today. Maybe it does, but it it certainly looks like $2 is a very very big uh resistance area.

Turb uh trying to push through two. It's [136:17] getting some pretty decent volume here. [136:19] Let's see if it can chew through that uh [136:20] seller at $2. [136:23] Maybe it shoots up towards 225.

Uh uh if [136:27] we get through $2 here, but going to [136:29] need to see some big volume expansion [136:30] here to get through that seller at two.

Who was it that mentioned Turb at VWAP [136:35] earlier? Because we checked it. We [136:36] talked about maybe going through VWAP. [136:38] Now, here we go. Now, two and there it [136:40] is.

And through. That was a good [136:42] mention. I I forgot your name. I'm [136:43] sorry, but I'm going to give you a oneup [136:45] for that. That was awesome.