$GSIT Strong catalyst and trend structure potential

22 ต.ค.

The stock had strong catalyst aligned with hyped AI-driven theme and is having solid trend-structure upside potential. As long as price holds the 9.75–8 support zone, I’m watching for potential continuation toward the 27–37 mid-term resistance area.

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❗️That said, given the current broader market environment, I currently see higher odds for short setups working than for sustained long momentum (although very selective pocket of strength might still work). If you choose to initiate new longs or maintain open long exposure, please stay alert and manage risk closely.

28 ต.ค.

บันทึก

So far, consolidation within the support zone looks constructive. The upcoming earnings will likely serve as the next key catalyst.

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10 พ.ย.

บันทึก

Price is trading at the bottom of the mid-term support zone and might attempt to test the October gap-up bottom — a setup often referred to as a gap-up-bottom-undercut-and-rally pattern.

Trading volume has been declining notably over the past 7 days.

Given the breakthrough nature of the catalyst:
“Breakthrough AI Technology: GSIT’s recent surge is driven by its Gemini-I associative processing unit (APU). Cornell University validated the APU’s ability to match Nvidia-level GPU performance while using up to 98% less energy. This development positions GSIT to disrupt the $100B AI inference market, with strong potential across AI hardware, data centers, edge computing, and defense sectors.”

I’m closely watching for the start of a quality swing move in the coming days.

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