Finward's 15min chart triggers Bollinger Bands expanding downward, bearish marubozu.

Based on Finward's 15-minute chart, the Bollinger Bands are currently expanding downward, indicating a bearish trend. The bearish Marubozu candlestick pattern at 10/09/2025 15:00 further reinforces this notion, suggesting that sellers are driving the market trend and bearish momentum is likely to persist.

Bollinger Innovations, Inc. (NASDAQ: BINI) has announced a significant development in its operations and financial status. The company reported over $1 million in commercial electric vehicle (EV) sales for August 2025, a strong indicator of market demand and potential revenue growth. Additionally, Bollinger Innovations implemented a reverse stock split effective September 22, 2025, to comply with Nasdaq's $1.00 minimum bid price requirement Bollinger Innovations Announces Reverse Stock Split and Positive Sales Growth for August 2025^[1].

The reverse stock split, which was necessary to maintain the company's listing on Nasdaq, is expected to be the last such action for at least three years. CEO David Michery emphasized that while the decision was not taken lightly, it was crucial for the company's long-term viability and commitment to sustainable growth. The company aims to focus on value creation and long-term growth for shareholders, with no plans for additional reverse stock splits over the next three years Bollinger Innovations Announces Reverse Stock Split and Positive Sales Growth for August 2025^[1].

Bollinger Innovations is positioned to expand its market reach and operational efficiency with a commercial dealer network and a U.S. manufacturing facility in Tunica, Mississippi. The company's product offerings include the ONE Class 1 EV cargo van and the THREE Class 3 EV cab chassis truck, which are available for sale in key U.S. markets Bollinger Innovations Announces Reverse Stock Split and Positive Sales Growth for August 2025^[1].

Despite the positive sales figures and strategic moves, investors should be aware of potential risks and uncertainties. The reverse stock split was implemented to meet Nasdaq's listing requirements, which could indicate financial distress or lack of investor confidence. Additionally, forward-looking statements highlight significant risks and uncertainties, including issues with financing, expanding markets, and attracting qualified employees, which could impair future growth Bollinger Innovations Announces Reverse Stock Split and Positive Sales Growth for August 2025^[1].

As of the current date, September 12, 2025, Bollinger Innovations' stock performance, as indicated by the Bollinger Bands and Marubozu candlestick pattern, suggests a bearish trend. The expanding downward Bollinger Bands and the bearish Marubozu candlestick pattern on 10/09/2025 15:00 reinforce this notion, suggesting that sellers are driving the market trend and bearish momentum is likely to persist .

Investors should closely monitor Bollinger Innovations' future developments, keeping an eye on its ability to navigate the challenges and capitalize on the opportunities presented by the electric vehicle market.