Samuel12_1980

$WATT - Weekly chart review and a short Introducement

NASDAQ:WATT   Energous Corporation
Energous Corporation (NASDAQ: WATT) is leading the next generation of wireless power and wireless charging – Wireless Charging 2.0 – with its award-winning WattUp® technology, which supports fast, efficient contact-based charging, as well as charging over-the-air. Why wireless charging with WattUp? WattUp is a scalable, RF-based wireless charging technology that offers substantial improvements in contact-based charging efficiency, foreign object detection, orientation freedom and thermal performance compared to older, coil-based charging technologies. The technology can be designed into many different sized electronic devices for the home and office, as well as the medical, industrial, retail and automotive industries, and it ensures interoperability across products. As a systems solutions company, Energous develops silicon-based wireless power transfer (WPT) technologies and customizable reference designs. These include innovative silicon chips, antennas and software, for a large variety of applications, such as smartphones, fitness trackers, hearables, medical sensors and more. Energous received the world’s first FCC Part 18 certification for at-a-distance wireless charging, and the company has more than 215 awarded patents/allowed applications for its WattUp wireless charging technology to-date.

EC will be held on Feb 25.

Technically , Potential Long above 4.78.
In my point of view, above 4.78 can reflect a negative abandon toward a positive area which had known before in the past.

Main support in range is 3.2
Main resistance in range, Golden Pocket resistance 4.12

Not recommended to buy or sell WATT stocks.
Just an Idea,

Disclosure , Holding WATT Stocks.

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