Wolfspeed is in Silicon CarbideSilicon Carbide is the latest TRANSISTOR technology that achieves very low losses in the form of heat loss etc. This technology can also run at very much higher speeds than prior devices > thereby using smaller magnetic and passive components.
Similar to or compared to ones Intel I386 processor to a I9.
Leaps and bounds better.
Wolfspeed makes these devices for Electric Vehicles and all Power Conversion Inverters, so this is a play that they get it right as a chosen supplier.
I also see that the trend is towards manufacturing higher voltage versions > while initially more stringent, this results in better power conversion efficiency overall.
This Stock has been hammered down unfairly at current market evaluations, so I feel it's due for the support it deserves.
Please Comment or Like.
Regards Graham
0I4Q trade ideas
WOLF Wolfspeed Options Ahead of EarningsAnalyzing the options chain and the chart patterns of WOLF Wolfspeed prior to the earnings report this week,
I would consider purchasing the 45usd strike price Puts with
an expiration date of 2023-11-17,
for a premium of approximately $3.05.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
Meditation stock WOLFThis stock came up in meditation. Literally I had a vision of a wolf. This has happened before with things like the stock TOELY. I saw a big toe in my imagination. That was an incredible ride from around $20 to $149 over the years and back down.
So, I don't dismiss visions, and most things have a meaning.
To add "reinforcement" to the guidance for me to look into it, I passed a monitor at the gym this morning right as it showed an image of a wolf!
So, ok, it's serious LOL
Near term I'm looking for a high around $60.60 to short into. The market likely pops tomorrow to help.
I don't know the long term of this thing as I'm not confident there yet in my work. But, in the near term I think it's heading to $47, and then $42.
I also had the number 36 come up, and dowsing said it's both a price and a percent. That's fairly true as the price reduced 36% is $37! That's kind of a cool coincidence, but it might take awhile to get there if it does. I think that's why my dowsing is liking the $42 better.
I did get my favorite answer, "reaches target" when asking about 42. It's high odds when I have "reaches target" come in.
EARNINGS Aug. 16 pm
wolfspeed growth stock that has good fundamental wolfspeed expand its production
this one has potential to grow within 2 years
i entry at this level $62.
i manage my position by using rebalancing. but when reaching 50% i will start holding forever
then i will shift my cashflow from this stock to do risk per trade .
Head and Shoulders Price pierced the neckline today.
The neckline is a strong line of support until broken with a true Downtrend.
The neckline is often retested and some would wait for the retest of this line to ensure that it is now resistance.
Short interest is around 7.25%.
Tall structure.
No recommendation/ES with a confirmed downtrend.
Weekly chart below:
Bearish SharkThere is a gap below price that may kick in as support, even if temporary.
Price is still above it's longer term moving averages.
Alternate Shark and price appears to have terminated at the 1.113 versus the .886.
Possible stop above the 1.113 or where you see resistance.
No recommendation.
Short interest is around 7.77%
EPS (FWD)
0.16
PE (FWD)
697.08
Div Rate (TTM) 0
Yield (TTM) 0
Short Interest
7.73%
Market Cap
$14.08B
Wolfspeed, Inc. operates as a powerhouse semiconductor company focuses on silicon carbide and gallium nitride (GaN) technologies Europe, China, the United States, Japan, South Korea, and internationally. It offers silicon carbide and GaN materials, including silicon carbide bare wafers, epitaxial wafers, and GaN epitaxial layers on silicon carbide wafers to manufacture products for RF, power, and other applications. The company also provides power devices, such as silicon carbide Schottky diodes, metal oxide semiconductor field effect transistors (MOSFETs), and power modules for customers and distributors to use in applications, including electric vehicles comprising charging infrastructure, server power supplies, solar inverters, uninterruptible power supplies, industrial power supplies, and other applications. In addition, it offers RF devices comprising GaN-based die, high-electron mobility transistors, monolithic microwave integrated circuits, and laterally diffused MOSFET power transistors for telecommunications infrastructure, military, and other commercial applications. The company was formerly known as Cree, Inc. and changed its name to Wolfspeed, Inc. in October 2021. Wolfspeed, Inc. was founded in 1987 and is headquartered in Durham, North Carolina.
Wolf: Whiskey, Tango, FoxtrotAn 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...
$WOLF hello old foe; U taught me an expensive lesson. I'll be bk$WOLF used to be $CREE
Nice big bullflag etched in there. Voila.
I wouldn't be in until its backtesting those waistelines. Plenty of jigs thre to scalp if uit's your flavour, though, and in relative safety as she climbs up the right side of the flag to exit. Just saying.