What is NVTS?
"Navitas Semiconductor Corp develops ultra-efficient gallium nitride (GaN) semiconductors that are revolutionizing power electronics. GaN power ICs integrate GaN power with drive, control, and protection to enable fast charging, high power density, and energy savings for mobile, consumer, enterprise, eMobility, and new energy markets."
It seems like NVTS is about to rise again as their Revenue increased compared to last year.
-It seems relatively close to the bottom it was about 2 years ago which was @3.48
-After that it went up after holding Long at the highest price being @10.54 in July
-Target Price sitting @9.69
-Wall Street target Price @12.00
-Relatively Holding LONG Position
-High Volatility rate forming
-Volume has been higher since 30-day average yesterday on Friday
-Their earnings have always been in the green
-Accumulated @4.27 and Holding Long
Not a Financial Advisor Just what I sought
I say Buy and Have to Believe that it will go Up too!
Goodluck to Everyone!