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NUBURU Inc
Company Overview: NUBURU, Inc. (NYSE: BURU) is a developer and manufacturer of industrial blue laser technology. The Company is focused on leveraging fundamental physics and its design to produce a laser in materials processing, which includes laser welding and additive manufacturing of copper, gold, aluminum, and other industrial metals. Its industrial blue lasers produce minimal to defect-free welds that are up to eight times faster than the traditional approaches. Its products include NUBURU BL series, NUBURU BL-F Series and NUBURU BL-250.
As per our previous US Daily Report published on ‘BURU’ on 24th December 2024, Kalkine provided a ‘Speculative Buy’ stance on the stock at USD 0.40 based on “decent fundamentals, other key financial highlights, the upside indicated by valuation and key risks” and the stock price has now moved by ~42.50% since then and attained resistance 1 and resistance 2.
Noted below are the details of support and resistance levels provided in our previous report:
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