Dec. 26 at 1:37 AM
I’m following the 7.5% short interest coiling on
$POWI. 🏗️⚡
The Setup: Textbook 8h descending wedge; RSI has reset to neutral 51—the spring is officially loaded for a New Year's rip.
Catalyst: New CFO Nancy Erba and CPTO Julie Currie are restructuring for the 2026 AI and automotive power boom. 🏗️
Target:
$38.24 is the trigger. Once that breaks, we’re looking at a 39% projected upside toward fair value. 📈
Safety: Stop below the
$30.86 52-week low. 🧱 The semiconductor moat is widening while the weak hands get washed out. 🚢📉 #hovdid