AI Supercycle Darling - Laser Sharp EntryCoherent Corp.BATS:COHRNoFOMO_I gave you the Coreweave long at the lows before the monster 25% plus rally in a couple of days. I also told you I was going long Sandisk and Coherent. I don't always have the time to publish my charts, this is ultimately another free gem I am bringing to you and my thesis behind it. Coherent is a global leader in materials, networking, and lasers. They specialize in vertically integrated optoelectronic components and compound semiconductor manufacturing, providing the critical optical transceivers and high-power Indium Phosphide laser chips required to transmit data across massive AI data centers where traditional copper cables hit physical limits. Nvidia executed a $2.0 billion direct strategic equity investment in Coherent (purchasing shares at $256.80), pairing it with a multi-year commercial supply agreement. This business is the real deal, at the front and center of the next wave in the AI bull market. Technical Analysis: Elliott Wave Corrective Structure (ABC): The chart shows a classic impulsive 5 wave advance peaking at $440.07, followed by a sharp corrective ABC correction. Wave A sold off aggressively, Wave B provided a counter trend relief bounce to the 0.382 Fibonacci level ($326.64), and Wave C drove the final capitulation flush down over 50% from the highs. Wave C successfully completed precisely to the Golden Pocket Fibonacci retracement zone (highlighted near the $218 entry level). The lower momentum oscillator is pinned deep in oversold territory, showing that aggressive short term panic selling had completely dried up, leaving the stock ripe for a violent technical mean-reversion bounce. Not financial advice, do what's best for you!