POET Technologies Ord Shs V.PTK

Alternate Symbol(s): POET

Technology Semiconductors

POET Technologies Inc. is a design and development company. It offers high-speed optical engines, light source products and custom optical modules to the artificial intelligence (AI) systems market and to hyperscale data centers. Its photonic integration solutions are based on the POET Optical Interposer, a novel, patented platform that allows the integration of electronic and photonic devices into a single chip using wafer-level semiconductor manufacturing techniques. Its Optical Interposer-based products consume less power than comparable products, are smaller in size and are readily scalable to high production volumes. In addition, it has designed and produced novel light source products for chip-to-chip data communication within and between AI servers, the next frontier for solving bandwidth and latency problems in AI systems. Its Optical Interposer platform solves device integration challenges across a range of communication, computing and sensing applications.

TSXV:PTK - Post by User

POET Technologies Ord Shs

Bullboard Posts

Post by challenger426on Apr 21, 2014 12:30pm

420 Views

Post# 22472761

Finally out of overbought territory

Looking at the chart and if recent history repeats, once the RSI nears 50 again, the share price may head back up. Interesting how that timing could correspond with the expected news coming soon.

Also, the chart suggests that the fast rising 20 DMA could offer support if the share price falls further, again, suggesting that a 50 RSI could be the turnaround point.

Lastly, a 20 - 25% correction in the share price has occurred several times during this run up. From $2.80, a 25% correction brings the share price down to $2.10 which is very close to the low for the day before bouncing up from it.