$FRSX Bullish: beat down before positive ER?

14 ส.ค. 2020

Oversold conditions on a long-term bullish trend.

Beat prev ER and def no reason to assume it's getting worse. Good upside..


July 31, 2020 08:00 AM Eastern Daylight Time
NESS ZIONA, Israel--(BUSINESS WIRE)--Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), an innovator in automotive vision systems, announced today that its wholly owned subsidiary, Eye-Net Mobile Ltd., has received a notice of allowance from the United States Patent and Trademark Office for patent application No. 16/496,826, for “system and method for preventing car accidents and collisions between vehicles and pedestrians.”

July 27, 2020 08:00 AM Eastern Daylight Time
NESS ZIONA, Israel--(BUSINESS WIRE)--Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), an innovator in automotive vision systems, announced today the sale of two prototypes of its QuadSight® four-camera vision system to the automotive solutions business unit of a multi-billion dollar Chinese technology company.
“We believe that successful evaluation of the prototype systems may lead to future activities with the leading global technology company, allowing us to expand our presence in the Chinese market and pursue new opportunities. Information and technology companies want to help vehicle manufacturers produce better cars. Our unique obstacle detection capabilities enable safe uninterrupted driving, regardless of the environmental and weather conditions,” said Haim Siboni, CEO of Foresight. “We believe that successful evaluation of the prototype systems may lead to future activities with the leading global technology company, allowing us to expand our presence in the Chinese market and pursue new opportunities.”