Poet
Is $POET the next AI RUNNER?! 86% UPSIDENASDAQ:POET
A great looking H5 Setup that just needs a breakout!
Warning: High Risk/ High Reward Small Cap
-H5 indicator is GREEN
-Pennant breakout that needs a retest. Measured move is $6.13 which puts us to a breakout of the Cup&Handle!
-Williams Consolidation Box needs to create support and bounce in order to be live! A big pullback to retest the Pennant breakout then bounce would be a perfect area for an entry into this trade.
-Large Volume Shelf with nothing but SPACE above.
📏$6.13 🎯$7.75 📏$11
Not Financial Advice - NFA
POET: A Technical Play with Fundamental RisksThe recent announcement of POET Technologies, Inc.'s ( NASDAQ:POET ) collaboration with Mitsubishi Electric on September 19, 2024, suggests greater upside potential for the company. Given the current trend, the stock could reach $6-7 per share by year-end.
Over the past year, the stock has risen 56%, with a 377% increase year-to-date. Despite this strong performance, there are several risks to consider:
• Negative net income (the company has not been profitable)
• Frequent stock-based compensation (a 39% increase in shares outstanding since 2020)
• Negative operating cash flow
• Regulatory risks related to business operations in China
While there is potential for substantial price growth, it does come with risks. I think starting with a small position and monitoring the technical and fundamental developments is the best way to play this opportunity.
POET Technologies Surge 12% on Mitsubishi Electric CollaborationPOET Technologies Inc. (NASDAQ: NASDAQ:POET ) has partnered with Mitsubishi Electric Corporation to co-develop next-generation 1.6T and 3.2T optical engine chipsets. These highly advanced optical chipsets, designed for pluggable transceivers, will enhance data connectivity in the rapidly expanding artificial intelligence (AI) and hyperscale data center markets. Following the announcement, POET stock spiked by 12% in premarket trading, marking renewed investor interest in the company's potential.
A Game-Changer in AI Networking
POET Technologies (NASDAQ: NASDAQ:POET ), known for its pioneering work in photonic integrated circuits (PICs) and its optical interposer platform, is uniquely positioned to address the growing demand for high-speed data transmission in AI and data center applications. The company's collaboration with Mitsubishi Electric, a leader in 400G Electro-absorption Modulator integrated Lasers (EMLs), promises to produce cutting-edge 3.2T optical engines. This partnership will combine POET's ability to integrate EMLs, optical waveguides, drivers, and other essential components into a cohesive platform.
As AI and cloud computing become more data-intensive, the need for high-speed optical connectivity has skyrocketed. According to LightCounting, the global optical transceiver market for 800G and 1.6T solutions is set to grow at a remarkable compound annual growth rate (CAGR) of 33%, ballooning from $2.5 billion in 2024 to $10.5 billion by 2029. This positions POET Technologies (NASDAQ: NASDAQ:POET ) to capture significant market share, as its innovative optical interposer platform offers substantial power efficiency and cost advantages. CEO Dr. Suresh Venkatesan noted the importance of the collaboration with Mitsubishi Electric, stating that their technology will be key to fulfilling the needs of AI networks and hyperscale data centers.
Mitsubishi Electric, on the other hand, aims to leverage POET’s platform to integrate its cutting-edge EMLs, thereby driving new product development in advanced optical-electronics convergence. The completion of these innovative 3.2T optical engines is expected by early 2025, with demonstrations slated for the first half of that year.
Technical Outlook: Bullish Momentum Building
POET Technologies (NASDAQ: NASDAQ:POET ) has not only attracted attention with its strategic partnerships but also from a technical analysis standpoint. As of today, POET stock (NASDAQ: NASDAQ:POET ) is up 11.55% in premarket trading, showing significant momentum. The stock's chart reveals the formation of a bullish symmetrical triangle pattern on the daily chart, indicating the potential for continued upward price movement.
The stock's relative strength index (RSI) sits at 56, a neutral reading that suggests there is still room for further gains without being overbought. The symmetrical triangle pattern, often a continuation pattern, implies that the stock could break higher if the current uptrend continues, supported by strong volume and positive news from the collaboration. Investors are closely monitoring this stock for a breakout above key resistance levels.
Further technical indicators, such as moving averages and trading volume, are also showing positive signals. If the stock can sustain its momentum, it may soon test higher resistance levels, which could attract more buyers into the market.
Conclusion: A Strong Bet on AI and Data Connectivity
The partnership between POET Technologies and Mitsubishi Electric is a significant development in the optical transceiver market, especially for AI and cloud data center networks. With the optical engine chipsets expected to be completed by 2025, POET is well-positioned to benefit from the rapidly expanding demand for high-speed data connectivity.
From a technical perspective, the stock is poised for further gains, with key technical indicators showing positive signs. Investors looking to capitalize on the growth in AI networks and cloud computing may find POET Technologies an attractive opportunity. As both fundamental and technical factors align, POET could be a strong play for the long term.
POET $39 Target - New Highs coming? To reach 1.618 POET a newly listed NASDAQ stock that owns over 79 patents with 12 pending for manufacture of photonic semiconductor chips.
First wave almost retraced fully which means the third wave or fifth wave will hit the highest fib channels. Aiming for 1.618 for this one.
Not financial advice
Po.et Falling Wedge (Easy 1505 Target Mapped)We are looking at Po.et (POEBTC) on Binance, a falling wedge is now clearly visible.
The falling wedge is a bullish pattern and can lead to a jump in prices (green arrow).
Prices just hit a new low and quickly moved above EMA10.
Trading volume is still low, can jump tomorrow and we have bullish divergence with the MACD and RSI.
This altcoin pair can easily jump.
Make sure to have a plan/strategy if you decide to trade.
Prices can go down just as they can go up.
This is not financial advice.
Namaste.
Po.et Really Strong Volume (150%+ Mapped)Po.et (POEBTC) is showing really strong volume.
Yesterday we saw the biggest volume since June 2019 and the type of volume that leads to a strong bullish wave.
We also have a perfect falling wedge breakout and prices moving above EMA50 and EMA10.
This altcoin pair is ready to grow... Additional information can be found on the chart.
Please hit LIKE if you are enjoying the content and would like to see more.
Namaste.
POE FOMO JUST STARTED...130% Move PotentialPoe ..i have been watching this coin for many days..i am expecting a same CDT type Run from it..!00%+ move in coming Days
G spot or Small moan - Decide your Target ( POE/BTC )Accumulate some poets at given Buying ZONE
Command the Poet if you want small orgasms or EPIC moans
I m gonna HIT THE G SPOT.
What about you?
#POE/BTC (May 26)POE has broken out from the falling wedge and it is moving up to 38-40sts.
But I think it will back to 13-15sts before making new run.
So if you have no POE, you can wait it around 13-15sts
Po.et Really High Volume | Over 100% PossibleThe chart for POEBTC (Po.et) is looking really good with this pair almost ready to make a jump.
Today we are seeing really big volume coming in with bullish indicators.
Above the downtrend line/MA200, POEBTC can gain momentum and make a huge jump and hit 50-52 satoshis or EMA300 for 100% in gains.
If prices move lower then 21 satoshis will work as support... But we have strong consolidation, it is more likely that POEBTC will go straight up.
Namaste.
Po.et (Feb 2) 50% Potential Profit in 24 Days#POE/BTC (Binance)
Buy : 16 - 17
Sell : 18 - 19 - 20 - 22 - 24
Stop : 14
#POE $POE #POEBTC
Po.et (Nov 07) 67% PProfit in 14 DaysEntry Zone: 29 - 27
Take Profits: 30 - 33 - 36 - 40 - 45
Stop Loss: 23
Po.et Is Ready For Another Round [POEBTC](189%)Po.et (POEBTC) is preparing for another round.
Our last chart generated some good profits... Here comes another one:
________________
Trade: Po.et | POEBTC
BUY: 25-28
TARGET:
(1) 32
(2) 34
(3) 39
(4) 41
(4) 48
(5) 53
PROFITS POTENTIAL: 189%
(Buy calculated at 28)
STOP: Close weekly below 18.
________________
Previous analysis:
Remember to hit LIKE for more.
Namaste.
--
THIS IS NOT FINANCIAL ADVICE.
Today`s ALT!!! POEBTCBINANCE:POEBTC
Exchange : Binance
Coin: POEBTC
Buy Zone: 0.00000026~0.0000024
Target Point: 0.00000028/ 0.00000031/ 0.00000033/ 0.00000035/ 0.00000038
S/L: 0.00000022
Risk: HIGH
Term: Middle - Long
You should be careful in buying POEBTC because of Bitcoin
It kept Up Trending Channel in spite of Bitcoin`s movement then it`s making Symmetrical Triangle
The Down Trending Line of The Chart and RSI are very similiar
The Volume is slowly down, it needs more time to pumping !!
Buy zone and S/L line is very far, so you must be careful to buy POEBTC
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Today`s ALT is that information is raised regardless of the Coin market situation
So sometimes there`s a high risk trading
Investment is your responsibility.
I'm just providing about coin`s information
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POE/BTC (Po.et) | Falling Wedge...!!POE/BTC (Po.et)
- Forming Falling Wedge Patten in Daily TF..(Expecting Breakout in 2-3 Days)
- Volume is Increasing Slowly & Major indicators Are Turning Bullish..
- Looks Like Bullish Divergence As Well in DAILY TF..
- Expecting 40-60% Profit After Breakout..!!
- In Bearish Scenario, It Might Test 22-23 Sats (Another Lower Before Breakout)
Please, give us your opinion in the comments.!!
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The information given is never financial advice. Always do your own research.
POE / BTC
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POE / BTC by CryptoCur19 on TradingView.com
OH MY GRID... Chart Art (Like & Share)OH MY GRID...
Poetry: Crypto Grid Traders Poem.
I’ll tell you no fib ,
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with a range of 7.55
Perhaps price will go up,
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See you later, oscillator ,
My grid bot will handle the chore.
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