Workflow
Vicor Is Poised To Reenter The AI Market With $1B In Capacity And Enabling Technology
VICRVicor(VICR) Seeking Alpha·2024-08-26 13:30

Erik Isakson Investment Thesis Vicor's (NASDAQ:VICR) shares have been in the trading range between 30and30 and 48 since last October. Now that the price is above its 200-day Moving Average at 39,itispoisedtobeginanewlongtermuptrend.Volumehasfallentoitslowestlevelsinthepastseveralyears.Withthepositivecatalystsaheadandatightfloat,Vicorcouldhaveanexplosivebreakoutonanypositivenews.Vicorssharepricerocketedto39, it is poised to begin a new long-term uptrend. Volume has fallen to its lowest levels in the past several years. With the positive catalysts ahead and a tight float, Vicor could have an explosive break out on any positive news. Vicor's share price rocketed to 164 in November of 2021 as the result of Nvidia (NVDA) us ...