Get started

Poet

POET: A Technical Play with Fundamental RisksThe recent announcement of POET Technologies, Inc.'s ( NASDAQ:POET ) collaboration with Mitsubishi Electric on September 19, 2024, suggests greater upside potential for the company. Given the current trend, the stock could reach $6-7 per share by year-end. Over the past year, the stock has risen 56%, with a 377% increase year-to-date. Despite this strong performance, there are several risks to consider: • Negative net income (the company has not been profitable) • Frequent stock-based compensation (a 39% increase in shares outstanding since 2020) • Negative operating cash flow • Regulatory risks related to business operations in China While there is potential for substantial price growth, it does come with risks. I think starting with a small position and monitoring the technical and fundamental developments is the best way to play this opportunity.
NASDAQ:POETLong
by PeakInvestmentStrategies
POET Technologies Surge 12% on Mitsubishi Electric CollaborationPOET Technologies Inc. (NASDAQ: NASDAQ:POET ) has partnered with Mitsubishi Electric Corporation to co-develop next-generation 1.6T and 3.2T optical engine chipsets. These highly advanced optical chipsets, designed for pluggable transceivers, will enhance data connectivity in the rapidly expanding artificial intelligence (AI) and hyperscale data center markets. Following the announcement, POET stock spiked by 12% in premarket trading, marking renewed investor interest in the company's potential. A Game-Changer in AI Networking POET Technologies (NASDAQ: NASDAQ:POET ), known for its pioneering work in photonic integrated circuits (PICs) and its optical interposer platform, is uniquely positioned to address the growing demand for high-speed data transmission in AI and data center applications. The company's collaboration with Mitsubishi Electric, a leader in 400G Electro-absorption Modulator integrated Lasers (EMLs), promises to produce cutting-edge 3.2T optical engines. This partnership will combine POET's ability to integrate EMLs, optical waveguides, drivers, and other essential components into a cohesive platform. As AI and cloud computing become more data-intensive, the need for high-speed optical connectivity has skyrocketed. According to LightCounting, the global optical transceiver market for 800G and 1.6T solutions is set to grow at a remarkable compound annual growth rate (CAGR) of 33%, ballooning from $2.5 billion in 2024 to $10.5 billion by 2029. This positions POET Technologies (NASDAQ: NASDAQ:POET ) to capture significant market share, as its innovative optical interposer platform offers substantial power efficiency and cost advantages. CEO Dr. Suresh Venkatesan noted the importance of the collaboration with Mitsubishi Electric, stating that their technology will be key to fulfilling the needs of AI networks and hyperscale data centers. Mitsubishi Electric, on the other hand, aims to leverage POET’s platform to integrate its cutting-edge EMLs, thereby driving new product development in advanced optical-electronics convergence. The completion of these innovative 3.2T optical engines is expected by early 2025, with demonstrations slated for the first half of that year. Technical Outlook: Bullish Momentum Building POET Technologies (NASDAQ: NASDAQ:POET ) has not only attracted attention with its strategic partnerships but also from a technical analysis standpoint. As of today, POET stock (NASDAQ: NASDAQ:POET ) is up 11.55% in premarket trading, showing significant momentum. The stock's chart reveals the formation of a bullish symmetrical triangle pattern on the daily chart, indicating the potential for continued upward price movement. The stock's relative strength index (RSI) sits at 56, a neutral reading that suggests there is still room for further gains without being overbought. The symmetrical triangle pattern, often a continuation pattern, implies that the stock could break higher if the current uptrend continues, supported by strong volume and positive news from the collaboration. Investors are closely monitoring this stock for a breakout above key resistance levels. Further technical indicators, such as moving averages and trading volume, are also showing positive signals. If the stock can sustain its momentum, it may soon test higher resistance levels, which could attract more buyers into the market. Conclusion: A Strong Bet on AI and Data Connectivity The partnership between POET Technologies and Mitsubishi Electric is a significant development in the optical transceiver market, especially for AI and cloud data center networks. With the optical engine chipsets expected to be completed by 2025, POET is well-positioned to benefit from the rapidly expanding demand for high-speed data connectivity. From a technical perspective, the stock is poised for further gains, with key technical indicators showing positive signs. Investors looking to capitalize on the growth in AI networks and cloud computing may find POET Technologies an attractive opportunity. As both fundamental and technical factors align, POET could be a strong play for the long term.
NASDAQ:POETLong
by DEXWireNews
27
Po.et Falling Wedge (Easy 1505 Target Mapped)We are looking at Po.et (POEBTC) on Binance, a falling wedge is now clearly visible. The falling wedge is a bullish pattern and can lead to a jump in prices (green arrow). Prices just hit a new low and quickly moved above EMA10. Trading volume is still low, can jump tomorrow and we have bullish divergence with the MACD and RSI. This altcoin pair can easily jump. Make sure to have a plan/strategy if you decide to trade. Prices can go down just as they can go up. This is not financial advice. Namaste.
PLong
by AlanSantana
2
Po.et Really High Volume | Over 100% PossibleThe chart for POEBTC (Po.et) is looking really good with this pair almost ready to make a jump. Today we are seeing really big volume coming in with bullish indicators. Above the downtrend line/MA200, POEBTC can gain momentum and make a huge jump and hit 50-52 satoshis or EMA300 for 100% in gains. If prices move lower then 21 satoshis will work as support... But we have strong consolidation, it is more likely that POEBTC will go straight up. Namaste.
PLong
by AlanSantana
Today`s ALT!!! POEBTCBINANCE:POEBTC Exchange : Binance Coin: POEBTC Buy Zone: 0.00000026~0.0000024 Target Point: 0.00000028/ 0.00000031/ 0.00000033/ 0.00000035/ 0.00000038 S/L: 0.00000022 Risk: HIGH Term: Middle - Long You should be careful in buying POEBTC because of Bitcoin It kept Up Trending Channel in spite of Bitcoin`s movement then it`s making Symmetrical Triangle The Down Trending Line of The Chart and RSI are very similiar The Volume is slowly down, it needs more time to pumping !! Buy zone and S/L line is very far, so you must be careful to buy POEBTC ===================================================================== Today`s ALT is that information is raised regardless of the Coin market situation So sometimes there`s a high risk trading Investment is your responsibility. I'm just providing about coin`s information =====================================================================
PLong
by timbearr
POE/BTC (Po.et) | Falling Wedge...!!POE/BTC (Po.et) - Forming Falling Wedge Patten in Daily TF..(Expecting Breakout in 2-3 Days) - Volume is Increasing Slowly & Major indicators Are Turning Bullish.. - Looks Like Bullish Divergence As Well in DAILY TF.. - Expecting 40-60% Profit After Breakout..!! - In Bearish Scenario, It Might Test 22-23 Sats (Another Lower Before Breakout) Please, give us your opinion in the comments.!! If you like the idea, please, hit the Like button and subscribe to the profile in order not to miss our updates. Join Telegram Channe l for more analysis - t.me The information given is never financial advice. Always do your own research.
PLong
by Faibik
1
OH MY GRID... Chart Art (Like & Share)OH MY GRID... Poetry: Crypto Grid Traders Poem. I’ll tell you no fib , I’ll tell you no lie, My grid is all set up with a range of 7.55 Perhaps price will go up, Or maybe zigzag to the side, But my grid is all set up, Ready to buy low and sell high. I wave goodbye to Elliot As I point him to the door. See you later, oscillator , My grid bot will handle the chore. No more watching candles No more staring at my chart . My grid is all set up, I say OMG… let’s start start start! Poetry and Chart Art by Dan Hollings My name is Dan Hollings, I'm a Master Grid Trader. I can teach you what I do and before long (maybe even tomorrow) , you could be making money in the grids! HOW DO I LEARN MORE? 1) Review my related IDEAS and TUTORIALS (linked below) 3) Explore my GRID INDICATORS (linked Below) PLEASE HIT THE LIKE BUTTON (and follow me... for Chart Art, Tutorials, Indicators and More!) As always, I appreciate your support. Please share with others. ENJOY! Dan Hollings Master Crypto Grid Trader Please Explore My Other Indicators, Scripts, Grids and Educational Ideas. @ DanHollings on Tradingview.
Education
by DanHollings
1