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Poetproject

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.
NASDAQ:POETLong
by DEXWireNews
27
Daily Bullish Signal $POE #POE #POEBTC #BTC $BTC (8 May)RED ARROW indicates the EXPECTED Time and Targets Level Stoploss point up to maximize profit and reduce risk I'm working all the time, even in Bearish Market ====================== My path doesn't seem like anyone. I'm like a MONK, always studying to find the direction that prices will follow. I will feel very comfortable if the price goes exactly in the direction I drew. I will always try and practice until PERFECTION is MY OWN
PLong
by CryptoStation
Stop being so POE With a 30-70% Swing Trade OpportunityTECHNICALS: I like to buy on these accumulation zone set-ups when the market is 'somewhat' stable because we can see explosive moves out of the buy zones. When the market is in price discovery, these zones can get melted like a hot knife through butter. Always understand the context of the market before making a trade. Double Bottom on price action. Strong accumulation since July of last year. Big buy volume accumulation spikes moving in with little to no selling volumes. RSI bouncing from oversold and moving towards neutral. Price Action indicates we've hit a strong demand block where it's bounced from before. Currently working through the .382 Fib level. May take some patience. Targets are the 200MA on the daily chart as well as the 1.618 fibonacci extension. Original Buy Zone was 120 - 121 for early entry accumulation. TRADE INVALIDATED WITH A BREAKDOWN BELOW SUPPORT. Thanks for reading and I hope this helped you understand a little more about how I think. See previous $RVN trade that ran for 100% profit. See current swing trade opportunities: DENT - 24-80% Profit Potential. TRADE REMINDERS: 1.) If the chart is old, don't trade off of it as the market conditions change all the time. 2.) Always chart the coin yourself as you may see something that I don't. 3.) Always use proper risk management when trading. 4.) Use proper position sizing based on market conditions and market context. (uncertain conditions warrant smaller position sizes.) 5.) Make sure that YOUR entry still maintains a high risk/reward ratio for your stop loss and take profit zones. 6.) If you don't know how to calculate position size, risk per trade or any of the other risk management concepts, make sure to download my FREE risk management masterclass found in my signature below.
P
by jacobcanfield
POEBTC 1D BINANCE up to 27FEB19 Trading Analysis (TA)POEBTC PO.et / Bitcoin 1D BINANCE up to 27FEB19 Trading Analysis (TA) 1D Chart, PO.et (POE) has been surfing up and down the 100/200 MA signals, the MACD signals are about to pierce north below the Histogram and the RSI is rising from its fourth deep below the 30RSI line wich suggest a possible breakout over the 100/200 MA signals, which is the optimistic approach, but remember "In this business if you're good, you're right six times out of ten. You're never going to be right nine times out of ten. I've found that when the market's going down and you buy funds wisely, at some point in the future you will be happy. You won't get there by reading 'Now is the time to buy.'". At this time the Market Cap is around the 129B, days after have reached the 148B and bounced back to 126B (crazy). Good Luck! 1D Chart, PO.et (POE) ha estado navegando sinoidalmente alrededor de las señales 100/200 MA, las señales MACD están a punto de perforar hacia el norte por debajo del Histograma y el RSI está subiendo desde su cuarta caida por debajo de la línea 30RSI, lo que sugiere una posible ruptura sobre las señales 100/200 MA, que es el enfoque optimista, pero recuerde "En este negocio, si es bueno, tiene razón seis veces sobre diez. Nunca tendrá razón nueve veces sobre diez. He descubierto que cuando el mercado baja y compro fondos sabiamente, en algún momento en el futuro se siente la felicidad. Pero para llegar a ese momento nunca leerá una señal que diga: "Ahora es el momento de comprar". En este momento, el Market Cap está alrededor de los 129B, días después de haber alcanzado los 148B y haber retrocedido a 126B (loco). ¡Buena suerte! “I believe in analysis and not forecasting.” / "Creo en el análisis y no en el pronóstico". REMEMBER: I am not a financial adviser nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. RECUERDE: No soy un asesor financiero y el contenido de este artículo no se presenta como asesoramiento financiero. La información provista en esta publicación de blog y cualquier otra publicación que haga y cualquier material que la acompañe es solo para fines informativos. No debe considerarse asesoramiento financiero o de inversión de ningún tipo. Se debe consultar con un profesional financiero o de inversiones para determinar qué es lo mejor para sus necesidades individuales.
PShort
by rodulfox
POE – PO.ET – Sleeping beast? 1746% profit/loss ratioHi Guys! Today we are focusing more on technical analysis. Another interesting project which is very low at Fibonacci scale and has been slowly but surely growing since the middle of September 2018. On the weekly chart, we can see a massive falling wedge which is actually good and bullish sign. It took the price over 8 months to jump out of the wedge. After that, we had a couple of weeks of stability and in the middle of September/beginning of October, we had a nice bounce up. Since then the price has been growing stable. Everyone that invested in at around 100 st has right now 100% profit. Is it still worth to jump in? Of course. The price crossed all the EMAs (9, 21, 50, 100) which is very healthy. We can now observe that the current up-trend has even speeded up in the middle of October (5 vs 15 degrees). On MACD we can see positive divergence at first and then positive convergence which assured us that overtaking nature of MACD really works. We have now positive divergence which is another good news. And the most important thing we have a great profit/loss ratio on this trade. We shouldn’t fall below 107 st (set stop-loss at this level) so there is not much space to fall. On the other hand, there is a lot of room to grow. Even to 1837 st which makes in total great profit/loss ratio 1746%. That’s it. So Guys. Are you in? Do you have this coin on your radar? Your opinions and likes will be highly appreciated. If you like your job please do give us a like. If you don’t want to miss the update or just get info about new analysis please click follow on our profile. WBM Team loves You! <3<3<3 Massive Hugs
PLong
by WBM_Team
2