Orion Energy Systems: 15min chart triggers KDJ Golden Cross, bullish Marubozu candle.

Thursday, Sep 4, 2025 10:50 am ET1min read

Orion Energy Systems' 15-minute chart recently exhibited a KDJ Golden Cross and Bullish Marubozu pattern on September 4, 2025 at 10:45. This indicates a shift in the momentum of the stock price towards the upside, with a potential for further growth. The dominance of buyers in the market suggests a continuation of bullish momentum.

Orion Energy Systems, Inc. (NASDAQ: OESX) has announced a significant expansion of its Voltrek division's EV Charging and Electrical Infrastructure field sales and service presence to the Southeastern United States. This move follows the company's 12-year presence in Jacksonville, Florida, where it is now establishing an office headed by William B. Rigsby, Director of Inside Sales and Customer Service [1].

The expansion of Orion/Voltrek into the Southeast marks its third regional presence in the nation, joining its Northeastern facility in Lawrence, Massachusetts, and its Midwestern national headquarters in Manitowoc, Wisconsin. Mr. Rigsby, who brings a track record of significant sales growth and market expansion in the EV charging industry, comes to Orion/Voltrek from NovaCHARGE, Inc., where he held the position of Vice President of Sales Operations and Inside Sales for 15 years [1].

Orion/Voltrek's expansion coincides with recent federal guidance emphasizing state-level decisions regarding the allocation of $5 billion in public funds to EV charging locations. The federal standards closely mirror those established by Orion's Voltrek division. With 84% of the funds still to be allocated, the Southeastern expansion is a strategic move to capitalize on the growing demand for EV charging infrastructure [1].

Orion Energy Systems provides energy-efficient LED lighting, electric vehicle (EV) charging stations, and maintenance services. The company specializes in turnkey design-through-installation solutions for large national customers and projects through ESCO and distribution partners, with a commitment to achieving business and environmental goals through sustainable solutions [1].

Orion/Voltrek's expansion in the Southeastern region underlines the company's commitment to being where its customers are. The arrival of Mr. Rigsby, with his extensive experience in the EV charging industry, signals a strong leadership presence in a region that is increasingly crucial for EV infrastructure growth.

References:

[1] https://www.globenewswire.com/news-release/2025/09/02/3142965/0/en/Orion-Announces-Voltrek-Expansion-to-Third-U-S-Region-in-Response-to-Continuing-Demand-William-B-Rigsby-Heads-Jacksonville-Office.html

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