An awful lot of "coincidences" on the yearly. Not going to lie, I was partially shaken out in yesterdays bloodbath, but im looking for this 127/128ish level to hold. For reference as this isnt on alot of peoples radars, stock was savaged after the company offered tepid guidance at their investor day. Looking three years out, still think SiC and Wolf have a bright future...
Canaccord upped PT from 136 to 155... their semis analyst is good.
Still respecting the lines... cautiously long from these 127/128 levels looks ok. Would keep stops just above 125. A lot of open air below...