The Company Nvidia Paid $2 Billion to Lock Up

Publisher’s Note:

Karim’s Tracking Another Shadow Move — Live Session Today

Karim Rahemtulla has used the shadow moves of insiders like Elon Musk to position himself in stocks before they climbed as much as 1,400%.

Now he’s identified another one — and he believes it has 1,000%+ potential over the next year.

Today at 2pm ET, he’s going live to walk through the setup, show the signal, and explain why this move is worth your attention right now.

Reserve your seat here.

— Stephen Prior, Publisher


Everybody watching the AI trade is staring at the same handful of chip names.

Here’s what they’re missing. Those chips are worthless if they can’t talk to each other.

Inside an AI data center, tens of thousands of processors pass data back and forth at almost the speed of light, and they do it through optical transceivers, the high-speed light-based wiring that ties the whole thing together.

That’s Coherent. Ticker’s COHR.

They build the optical guts of the AI buildout. Not the chip everybody talks about, the connection between the chips, which every single data center needs and can’t run without.

And this isn’t a someday story.

Coherent’s datacenter orders are booked out more than a year, demand for the fast 800G and 1.6T parts keeps climbing, and back in March, Nvidia put $2 billion into the company to lock up supply and expand U.S. manufacturing.

When Nvidia spends two billion dollars to secure your product, that tells you where this is headed.

And while this is one juicy story, what gets my heart pumping is what I see on the chart. And what I see has me more excited.

The trend is the first thing, and it’s pointing straight up. COHR closed Monday at $401.93, up better than 6% yesterday, with the moving averages stacked in the right order and price riding above them the whole way up.

Same picture on the weekly. When two timeframes point in the same direction like that, it’s a lot stronger than one, and right now the buyers clearly own it.

The pattern backs it up. This has been one of the cleanest uptrends on the board, higher highs the whole way, pulling back to the rising average and pushing right off it again.

Monday’s big green candle is the stock leaning back into that trend instead of stalling out, and that tells me there’s still demand chasing it higher.

Then there’s the squeeze, and that’s the part that got me to write this up. A squeeze is what happens when a chart goes quiet, and the range tightens, all that energy compressing with nowhere to go. The TTM squeeze on COHR just fired.

Put a fresh squeeze on a stock already trending hard on two timeframes, and you’ve got a chart wound up tight, ready to pop.

Trend, pattern, and squeeze, all lined up on the same name. That’s the kind of chart I go hunting for.

Your Action Plan

So here’s where it stands.

COHR is on my watchlist, and I’m watching it closely. It’s showing a perfect TPS setup. This is just one name I’m watching this week, if you want to know what else, and more importantly, what I’m trading, you can find it all in the Daily Profits Live Room.

>>JOIN ME IN DAILY PROFITS LIVE <<

Popular posts