This chart is heavily based on fundamentals and we will talk about it:
Elmos is about to go big. I mean really big and this is related to the automobile market. As the automobile market evolves, so does its functions and use cases to. Electrical/ Hybrid cars are a thing now, and there's no doubt that the semi conductor market is going to explode, just because of supply/demand.
While I was working on an application, I stumbled upon an Elmos product. Prior to this I never heard of it. They created a chip that is incredibly intelligent and works very well with drivers, allowing you complex functions that you usually need other components to do such as : PWM, PWM shifting, timeout mode, output gains, amplifiers, reductors, derating, and 16-32 outputs : ALL IN one component.
This is revolutionary, and its going to be massively used in vehicles, airplanes, trains.
It's already picking as we can see on the chart. I expect a dump towards 16-19$, this will be my buy area
Best regards
Commentaire
I can't even describe how much of a massive giant this company will become soon.
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