Cheap seats in Wolf appear to be disappearing, imo. The silicone carbide market is gonna grow by leaps and bounds, and Wolf is well positioned to remain the defacto leader/supplier.
On another matter no one on SI or seemingly elsewhere has mentioned the $BDI, a recognized harbinger of global activity.
It is probable the $BDI just put in a huge and important low, and is headed to a double top or new ATH. Probably to be hit about 2029 timeframe.
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This is a log chart. I have the move down from the Big B top as an abcde ending diagonal, the e bottom made a higher low, which is bullish. It hit an exact cycle low, and came rocketing out of the hole. If this is correct, it will probably dally here a bit, then break the lower TL and move rapidly on up.
What is a straddle? It is when you have two lows that land either side of the cycle low. Meant to obfuscate. The cycle pattern here is very very good, about the 7/3.5/1.75 low to low timing. Next 7 yr high could be expected to hit around 2029. Like 1000 yrs after the 1929 top eh?
The BDRY looks like it just put in a bottom as well. IF the $BDI heads towards a double top or new ATH, BDRY gonna head towards 100. jmo. I very recently bot a starter.
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