Author sees Navitas Semiconductor ($NVTS) as a bullish technical watchlist candidate after a 40% YTD rise on an Nvidia AI data center win, with key support and resistance levels.
NVTS — WATCH The author argues NVTS is in a strong bullish technical breakout after a 40% gain since January 1 as the market prices in an Nvidia AI data center win. If bulls defend the $10.16–$10.19 support shelf, the stock could retest the $12.25 resistance zone; a daily close below $9.79 would confirm an overbought reversal toward the 50-day SMA at $8.48. The RSI at 77 warns of a potential short-term breather.
Bulls: Must defend the $10.16 - $10.19 support shelf to maintain the current parabolic trajectory and target $12.25.
This Reddit post, published January 18, 2026, features u/Effective_Sense962 discussing NVTS. 1 trade idea extracted by AI with direction and confidence scoring.
Speakers: u/Effective_Sense962 · Tickers: NVTS