POET Order-Cancellation News Volatility
Analyst's reasoning:The setup remains constructive with a chart that looks fine, and the prior “panic” narrative already passed. I’m cautious on swing trading because risk is relatively high, while longer-term investors should hold and wait for a pullback level to buy.
Analyst's reasoning:After a squeeze out all the shorts and a surge into earnings, POET then delivered negative news via an offering that increases share supply. The chart-based mean reversion target referenced is the $15 area from prior horizontal support.