officialstephenkalayjian
Oct 2, 10:23 PM
🚨
$NVTS WATCHING FOR A BREAKOUT
📈 Price:
$12.4
📊 Volume: Above average
🔥 Catalyst: Recent momentum tied to Navitas' GaN/SiC power semiconductor design wins with hyperscalers and EV partners fueling renewed investor interest.
🎯 Resistance:
$13.8
🛡️ Support:
$11.2
Bull case: A clean break above
$13.8 on strong volume could spark a momentum run toward the mid-
$15S as traders chase the breakout.
Bear case: Failure to hold
$11.2 support could trigger a fast slide back toward
$9.5 as momentum buyers step aside.
👀 What I'm watching: Need a daily close above resistance with sustained volume to confirm real strength, not just a short-term spike.
Note: I’m not a financial advisor or a market predictor, and I don’t offer any premium subscriptions or paid services. Feel free to stay connected with me @officialstephenkalayjian and checkout my bio link.
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