Hey traders,
While everyone’s chasing headlines, real setups are slipping through the cracks.
That’s why I’m focused on signals over stories, because when a ticker like Wolfspeed, Inc. (NYSE: WOLF) trades 491M shares and still has shorts trapped, that’s not hype… that’s heat.
I’m seeing pressure build across the semiconductor space, and WOLF might’ve just kicked the door open.
This isn’t just a random spike. It’s a shift.
And nobody was watching.
Everyone was glued to NVIDIA Corporation (NASDAQ: NVDA) and Super Micro Computer, Inc. (NASDAQ: SMCI).
Meanwhile, yesterday, Wolfspeed, Inc. (NYSE: WOLF) quietly lit up the chart for a 128% move, on 449 million shares traded.
Even Barron’s picked it up, calling WOLF one of the market’s hottest movers today.
But the headlines are missing the real story.
This isn’t just a one-day pop. There’s real weight behind this move.
Shorts are in trouble. WOLF had short interest sitting at 28% of the float before yesterday’s move.
With this kind of surge, you know bears are sweating, and likely covering.
And that volume seems way too big for retail. Somebody with size is building a position. Institutions don’t fire off like this for fun.
Plus, the sector tailwinds are legit. NVDA’s chips are boosting demand across the board, and WOLF’s silicon carbide tech is right in the middle of it.
Now here’s where it gets exciting:
WOLF hit our Power Signal Alert system at the open with a 491 rating, its strongest in weeks.
And when the system lights up that hard, I pay attention.
Here’s what I’m watching:
If WOLF holds above $0.86 per share into the close, it’s refueling. That base becomes a launchpad.
If it breaks $1.20? That’s a 200%+ move from recent lows. And once that level cracks, shorts will likely lose control.
This is the type of setup that starts quietly and becomes the headline everyone wishes they had caught earlier.
The key now is patience. No FOMO. No chasing. Let it prove itself.
If it stalls, we move on.
But if it holds, and especially if it climbs after hours, I want to be ready.
Also, keep an eye on sympathy plays.
Semis like ON Semiconductor Corporation (NASDAQ: ON) and Alpha and Omega Semiconductor (NASDAQ: AOSL) could catch momentum if WOLF keeps going. This isn’t happening in a vacuum.
We’ve seen this story before. Strong sector. Oversold name. Real volume. And now—it’s waking up.
It’s moving like the animal: quiet at first, then suddenly it’s at your throat.
WOLF had already struck once. Now it’s stalking round two.
– Jack Kellogg
P.S. WOLF wasn’t alone on the Power Signal Alert today. When the system’s this hot, opportunity is everywhere. You just need to know where to look.