WOLF-Next leg down?Wolf came up and touched the downward trend line almost perfectly. WOLF appears to be a company with a lot of upside but the chart looks to be pointing to another leg down?
WOLF trade ideas
WOLF very good shark pattern on monthly fram for investing long term buying from 14.40$ to 7$
stop loss 6$
Target 74 $ To 91 $
WOLFSPEED Rallies! Long Trade Hits All Targets, Bulls DominateTechnical Analysis: Wolfspeed – 15-Minute Timeframe (Long Trade)
Wolfspeed demonstrated strong bullish momentum, with a long trade entry at 10.23 and successfully reaching all profit targets.
Key Levels
Entry: 10.23 – The long position was initiated at this level, marking the start of a strong upward movement.
Stop-Loss (SL): 9.75 – Positioned below recent support to manage risk and protect against potential downside.
Take Profit 1 (TP1): 10.83 – The first target was achieved, confirming the strength of the bullish trend.
Take Profit 2 (TP2): 11.80 – Continued momentum pushed the price to this level.
Take Profit 3 (TP3): 12.77 – The bullish rally extended further, reaching this target.
Take Profit 4 (TP4): 13.37 – The final target, signaling a complete and highly successful upward move.
Trend Analysis
The price has consistently remained above the Risological Dotted trendline, affirming the strength of the uptrend. The bullish surge indicates strong market interest, supporting further upward moves, though all profit targets have been met.
The long trade on Wolfspeed performed exceptionally well, hitting all designated targets. The final TP4 at 13.37 reflects a robust upward trend, well-supported by the Risological Dotted trendline. The sustained buying pressure indicates that the bulls have maintained control throughout the move.
RUN up to 15 and then come down until better news in dealWith sentiment and excitement, it could continue another day or two as new investors focus more on how great this deal is. Indicators are too high, but specific indicators are bullish.
Wolfspeed all time lowsWolf speed reached all time lows.
Guess buying an option now, i mean even if it gets lower it's a decent company to own at this price
$WOLF Consolidation TradeNYSE:WOLF Wolfspeed is coming off of a downtrend with clear lower highs and lows, and has been in a decent consolidation with clear supply and demand zones.
I used Heiken Ashi candles on the daily and 4 hour charts to determine the supply and demand zones.
Looking for a zone to zone trade. 4/3/24 saw a Wells Fargo downgrade due to its association with Tesla. Would like to see it come down to test lower demand zone, then bounce as it has done. R:R sets stop slightly below the lower low of the consolidation, with the target at the top of the consolidation.
Will be watching this one for a bit
WOLF potential buy setupReasons for bullish bias:
- Inverse Head & Shoulder formation
- Entry at neckline breakout
- Strong bullish divergence on weekly plus daily
- Price is at weekly support
- Insider buying
Here are the recommended trading levels:
Entry Level(Buy Stop): 30.97
Stop Loss Level: 23.46
Take Profit Level 1: 38.48
Take Profit Level 2: 45.99
Take Profit Level 3: Open
WOLF Post-PEG Bearish WedgeWOLF is forming a bearish wedge on the daily after a power earnings gap to the downside. An underperforming semiconductor stock that will definitely breakdown if the market rolls over next week. Targets $24 and $22
nice long entry to the upsidematching what insiders did to accumulate shares at a low of 25 was an ideal entry
here is another as accumulation and volume is occurring consecutively
price had heavy support above mid 20s retest 30 range yet again
WOLF, IS IT TIME TO JOIN THE WOLF PACK? TRENDS AND PRICE TARGETSBearish price targets are also sell targets for bulls.
Bullish price targets are sell targets for bears.
Basically, price targets are relative to your trade.
If confused, please ask.
Why are we talking about bears with WOLF?
#1 answer
Sharp Downtrends
And support trends trading in a bearish direction.
#2 answer
Gaps to the topside.
#3 answer
RSI still bearish
In an ideal world, price might project something like the guideline I've drawn.
Don't follow this guideline, it is more for me to backtrack and correct errors. On top of that, I create a lot of charts, and to remember what I was seeing on a chart, multiple months in the past can be nearly impossible. However, it is there to show you a one of many potential movements out of these trends, I often draw the most natural movement, which doesn't always align with reality. Instead, focus on trend breaks and price targets.
Earnings on the 24th of FEB.
"Hungry Like the Wolf
Duran Duran
Darken the city, night is a wire
Steam in the subway, earth is afire (do-do-do-do-do-do-do-do-do)
Woman, you want me, give me a sign
And catch my breathing even closer behind (do-do-do-do-do-do-do-do-do)
In touch with the ground
I'm on the hunt, I'm after you
Smell like I sound, I'm lost in a crowd
And I'm hungry like the wolf
Straddle the line in discord and rhyme
I'm on the hunt, I'm after you
Mouth is alive, with juices like wine
And I'm hungry like the wolf
Stalked in the forest, too close to hide
I'll be upon you by the moonlight side (do-do-do-do-do-do-do-do-do)
High blood drumming on your skin, it's so tight
You feel my heat, I'm just a moment behind (do-do-do-do-do-do-do-do-do)
In touch with the ground
I'm on the hunt I'm after you
A scent and a sound, I'm lost and I'm found
And I'm hungry like the wolf
Strut on a line, it's discord and rhyme
I howl and I whine, I'm after you
Mouth is alive, all running inside
And I'm hungry like the wolf
Hungry like the wolf
Hungry like the wolf
Hungry like the wolf
Burning the ground, I break from the crowd
I'm on the hunt, I'm after you
I smell like I sound, I'm lost and I'm found
And I'm hungry like the wolf
Strut on a line, it's discord and rhyme
I'm on the hunt, I'm after you
Mouth is alive, with juices like wine
And I'm hungry like the wolf
Burning the ground, I break from the crowd
I'm on the hunt, I'm after you
Scent and a sound, I'm lost and I'm found
And I'm hungry like the wolf
Strut on a line, it's discord and rhyme
I'm on the hunt, I'm after you
Mouth is alive all running inside
Songwriters: John Taylor, Simon Le Bon, Nick Rhodes, Andy Taylor, Roger Taylor. For non-commercial use only."
Wolfspeed Forge Strategic Alliance to Power the FutureInfineon Technologies AG (OTC: OTC:IFNNY ) and Wolfspeed, Inc. (NYSE: NYSE:WOLF ) have extended and expanded their long-standing silicon carbide (SiC) wafer supply agreement, first established in February 2018. This strategic collaboration aims to meet the soaring demand for SiC semiconductor products, particularly in sectors such as automotive, solar, electric vehicles (EVs), and energy storage systems.
A Pioneering Partnership:
The extended partnership solidifies Infineon's commitment to a multi-source strategy, ensuring a reliable supply of both 150mm and 200mm SiC wafers. This approach supports the growing adoption of SiC-based power solutions, renowned for enabling smaller, lighter, and more cost-effective designs with superior energy efficiency.
Jochen Hanebeck, CEO of Infineon Technologies, highlighted the significance of the two-decade-long collaboration with Wolfspeed ( NYSE:WOLF ) in advancing SiC technology across automotive, industrial, and energy markets. The partnership stands as a pivotal element in promoting decarbonization through energy-efficient technology.
Wolfspeed's Role as a Catalyst:
Gregg Lowe, President and CEO of Wolfspeed, emphasized the company's role as a catalyst in the industry's transition to SiC. Wolfspeed, recognized as the world leader in silicon carbide production, plays a crucial part in supplying high-quality materials to key customers like Infineon. With an eye on the future, the company aims to scale its capacity footprint to meet the burgeoning demand for SiC devices and supporting materials.
The SiC Revolution:
The adoption of SiC-based power solutions is witnessing rapid growth across diverse markets. These solutions empower smaller, lighter, and more cost-effective designs, unlocking new possibilities for clean energy applications. Industry estimates predict substantial growth in demand for SiC devices and supporting materials through 2030, representing a staggering $20 billion annual opportunity.
Infineon's Supply Chain Resilience:
As the demand for SiC devices continues to surge, Infineon's CEO, Jochen Hanebeck, affirms the importance of following a multi-source strategy to secure access to a high-quality, global, and long-term supply base of SiC wafers. The extended partnership with Wolfspeed is a testament to Infineon's commitment to supply chain stability and resilience in the face of growing demand.
Looking Ahead:
The strategic alliance between Infineon and Wolfspeed is poised to address the increasing demand for SiC devices, playing a pivotal role in applications ranging from electric vehicles to renewable energy solutions. The collaboration sets the stage for a silicon carbide odyssey, where advancements in technology will drive the transition towards cleaner, more efficient energy solutions.
Conclusion:
As the semiconductor landscape undergoes a transformative shift towards SiC technology, the extended partnership between Infineon and Wolfspeed ( NYSE:WOLF ) emerges as a beacon of innovation and collaboration. Together, these industry leaders are not only meeting the current demand but also shaping the future of energy-efficient technology, marking a significant milestone in the journey towards a sustainable and decarbonized world.
$WOLF Unveiling Hidden Potential Amidst Short-Term Challenge
Wolfspeed, a company known for its cutting-edge technology and innovation, has recently faced challenges within a falling trend channel in the medium long term. However, a closer analysis reveals a compelling story that may captivate potential investors.
Positive Signal: Inverse Head and Shoulders Formation
One of the noteworthy turning points for Wolfspeed was the emergence of a positive signal from the inverse head and shoulders formation. This formation marked a breakout above the resistance level at $34.41, triggering a strong upward movement in the stock price. Investors who seized the opportunity at this juncture saw the price surge significantly.
Objective Met, But Story Continues:
The price surge successfully met the initial objective at $43.81, validating the strength of the positive signal from the inverse head and shoulders formation. What makes Wolfspeed intriguing, however, is that the formation continues to signal in the same upward direction. This suggests that the positive momentum is not merely a fleeting event but has the potential for sustained growth.
Technical Analysis: A Closer Look
While the medium long-term trend channel may currently indicate weak development, it's essential to delve into the technical aspects that could drive Wolfspeed's resurgence. Technical indicators, historical price patterns, and market dynamics collectively point towards a latent strength that investors should consider.
Innovation and Technological Leadership:
Wolfspeed's reputation as a trailblazer in technology and innovation remains untarnished. The company's commitment to pushing the boundaries in the semiconductor industry positions it strategically in a rapidly evolving technological landscape. This commitment may serve as a catalyst for future growth, transcending short-term market fluctuations.
Diversification and Market Opportunities:
Diversification is a key strategy for mitigating risks, and Wolfspeed's involvement in various technological sectors positions it well to capitalize on emerging market opportunities. As industries continue to embrace advanced technologies, Wolfspeed's diversified portfolio may play a pivotal role in its resilience and growth potential.
Points to Note
While the medium long-term trend may currently pose challenges, Wolfspeed's recent positive signals and ongoing technological leadership suggest a compelling opportunity for investors. The inverse head and shoulders formation, coupled with the company's commitment to innovation and diversification, makes Wolfspeed a stock worth considering for those seeking long-term growth in their investment portfolios. As always, prospective investors should conduct thorough research and consider their risk tolerance before making investment decisions.
WOLF Ascending TriangleWOLF looks ready to break out of its ascending triangle after being beat down most of the year.
A Classic Double BottomAlthough WOLF has been demolished over the last few years, it has been on a tear to the upside recently - up over 20% from its late October low, which, coincidentally was a level extremely close to its bottom in early 2020. This area should act as strong support and will likely favor the long-term bulls in this classic setup.
Trend continuation within channel?WOLF is manufacturing batteries for EV cars with a range of 800 miles.
Fundamentals and technicals look solid for this trade.
Watch for trend reversal at lower channel before buying.
can it break resistance? 👀clearly approaching strong resistance area, I would not long unless we broke 129.09, after that we can see a rally to 161-265
Wolfspeed is in Silicon CarbideSilicon Carbide is the latest TRANSISTOR technology that achieves very low losses in the form of heat loss etc. This technology can also run at very much higher speeds than prior devices > thereby using smaller magnetic and passive components.
Similar to or compared to ones Intel I386 processor to a I9.
Leaps and bounds better.
Wolfspeed makes these devices for Electric Vehicles and all Power Conversion Inverters, so this is a play that they get it right as a chosen supplier.
I also see that the trend is towards manufacturing higher voltage versions > while initially more stringent, this results in better power conversion efficiency overall.
This Stock has been hammered down unfairly at current market evaluations, so I feel it's due for the support it deserves.
Please Comment or Like.
Regards Graham
Wolfspeed Inverse H&SWolfspeed has created an Inverse Head and Shoulder pattern as of today, and reached the target of my prior chart analysis.
If all bodes as planned and the head plays out, the next target will be $79 +- after some 5% profit taking.
Lets see.
Regards Graham.
WOLF Wolfspeed Options Ahead of EarningsAnalyzing the options chain and the chart patterns of WOLF Wolfspeed prior to the earnings report this week,
I would consider purchasing the 45usd strike price Puts with
an expiration date of 2023-11-17,
for a premium of approximately $3.05.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
Meditation stock WOLFThis stock came up in meditation. Literally I had a vision of a wolf. This has happened before with things like the stock TOELY. I saw a big toe in my imagination. That was an incredible ride from around $20 to $149 over the years and back down.
So, I don't dismiss visions, and most things have a meaning.
To add "reinforcement" to the guidance for me to look into it, I passed a monitor at the gym this morning right as it showed an image of a wolf!
So, ok, it's serious LOL
Near term I'm looking for a high around $60.60 to short into. The market likely pops tomorrow to help.
I don't know the long term of this thing as I'm not confident there yet in my work. But, in the near term I think it's heading to $47, and then $42.
I also had the number 36 come up, and dowsing said it's both a price and a percent. That's fairly true as the price reduced 36% is $37! That's kind of a cool coincidence, but it might take awhile to get there if it does. I think that's why my dowsing is liking the $42 better.
I did get my favorite answer, "reaches target" when asking about 42. It's high odds when I have "reaches target" come in.
EARNINGS Aug. 16 pm
Bullish Alert : WOLFNew Bullish Alert on the 15 minutes.
Bullish Crossover followed by positive price action at the end of a good bearish wave.
Possible level at $57.7
wolfspeed growth stock that has good fundamental wolfspeed expand its production
this one has potential to grow within 2 years
i entry at this level $62.
i manage my position by using rebalancing. but when reaching 50% i will start holding forever
then i will shift my cashflow from this stock to do risk per trade .
