NVTS - Melt Up $10+ (Squeeze Loading)Navitas Semiconductor CorporationBATS:NVTSThePennyManNVTS was originally a SPAC and that preset price was $10 a share, this tends to have at the very least a short term impact on price, often treating it as a resistance/support zone. NVTS has a short interest of 26% Every analyst out there is saying even if the NVIDIA deal comes to fruition, the true value of this stock is near $8/Share. I'm here to tell you, that means absolutely nothing. OKLO just broke ground on their first nuclear reactor and their valuation is SKY HIGH. Big things are being potentially priced into NVTS, more semi-conductor deals with other big tech names, and with a short interest as high as 26%, price can move rapidly to the upside, we've recently passed the highest most significant VWAP, created from the price high at $15. Simply put, after we solidly cross $10, expect $15 shortly. I was scared out of this trade earlier, which is why I'm linking this 3-day chart. It shows the picture much more clearly, when in doubt, zoom out. Highly confident this will play out. Not placing a wave-count rating as this is more of a structure/volume analysis play, wave-count is just to help us track on what stage we're at in the trend. Hint: Wave 3 is next, and wave 3 is typically the most powerful. Wave 3 extension price shows topout around $16-$17 a share. Thanks for reading, feel free to give a follow and share your thoughts!