Long SEVBuy order hit for 10k shares. as priced moved up and crossed the buy break line my order was filled at 4 cents per share. i will be holding these for some time now..
I look for zones that are potential breaks in price. along with some research (news dependent of course)
Thank you for looking at my chart idea If you have any Q's please ask away
SPVNF trade ideas
Buy Spectra7 - Target-1- 0.20+++Spectra7 GaugeChange is an innovative and disruptive technology that allows copper to extend much longer lengths without the cost and power penalty of optics. It works equally well at 25 Gbps NRZ and 50 Gbps PAM-4 enabling new connector standards of 100,200&400 Gbps
The Global Data Center Networking Market size is expected to reach $40.3 billion by 2025, rising at a market growth of 12.3% CAGR during the forecast period.1 As data rates increase and the need for low power and cost-effective solutions become more critical, the direct market that Spectra7 is serving is anticipated to be worth over $200 million in 2021.
The company reports almost $2M in orders for Q4 2020.
Tier 1 customers and end-users include Foxconn, Facebook / Oculus, Luxshare-ICT, and Amphenol, among others
This can be multi-bagger stock. Virtual reality stocks will be the next huge performers
ARK Investment research shows there is a huge market for data centers and virtual data centers. Spectra7 is in both virtual worlds and data center. Alibaba and Tencent Chart Path Forward With Spectra7 Enabled Active Copper Cable Technology
Do your DD, this is not investment advise