$GSIT Strong catalyst and trend structure potential

22 Okt

The stock had strong catalyst aligned with hyped AI-driven theme and is having solid trend-structure upside potential. As long as price holds the 9.75–8 support zone, I’m watching for potential continuation toward the 27–37 mid-term resistance area.

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❗️That said, given the current broader market environment, I currently see higher odds for short setups working than for sustained long momentum (although very selective pocket of strength might still work). If you choose to initiate new longs or maintain open long exposure, please stay alert and manage risk closely.

kelmarin

Nota

So far, consolidation within the support zone looks constructive. The upcoming earnings will likely serve as the next key catalyst.

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