TOST broke out above value at the end of last week, and is triggering a long as a result with the target being the Monthly VPOC at $35.05.
With a stop just inside of value for the year this represents a risk/reward ratio above 5.
"NAND flash prices are expected to increase by as much as 50 percent in the short term, which will eventually result in more expensive solid-state drives."
www.techspot.com
This week, WDC broke out above value for the month and is looking to target the next upside monthly VPOC at 59.69. Should the strength continue (and by the sounds of things it will), look...
As RIVN tries to break into value for the year (above $20) it signals the 80% rule meaning there's an 80% chance that it goes to the top of value ($52). Representing more than 100% gain potential in the name. Will keep watching for a hold of the bottom of value.