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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?


To: My 2 Cents Worth who wrote (206249)10/8/2025 10:39:17 AM
From: w0z2 Recommendations

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Kahlua
robert b furman

  Respond to of 206742
 
Thank you. I had asked Grok earlier and got the following summary after a fairly lengthy analysis:

Sounds good! You're set to monitor that potential Wave 3 peak at $11.96 for POET Technologies Inc. (NASDAQ: POET). With the clarified double top at $7.79 (December 2024) and $8.998 (October 2025), the $8–$8.52 range looks like a solid Wave 4 target for a pullback, with strong support due to the prior resistance zone and Fibonacci confluence. Keep an eye on volume and RSI for confirmation when the correction kicks in. If you need a quick update or further analysis when the peak hits or if new catalysts emerge, just ping me. Good luck, and happy trading!

Grok had a number of other coincident indicators (double top, cup and handle, etc) besides Fibs. I may sell some common if we get closer to $12 and wait for the retracement before buying more LEAPs. I did this starting last Fall and they are generally twice the return on common. So I'm very interested in watching for the retrace but just on the sidelines and watching until then.