💥 HBAR price nears breakout as inverse head and shoulders pattern forms
HBAR price is consolidating below key resistance as an inverse head and shoulders pattern develops, signaling a potential bullish breakout if the neckline resistance is cleared with volume.
HBAR ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
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ASPEED (信驊科技) is the world's leading manufacturer of remote server management chips (BMC).
Main Business:
• Core Product: Specializes in manufacturing BMC (Baseboard Management Controller) chips. These are small computers embedded on server motherboards that allow administrators to monitor hardware status, reboot, or update software even when remotely accessed or when the server is powered off.
• Market Position: Holds over 70% of the global BMC market share, with nearly all data centers worldwide (such as Google, Amazon, Meta) using their products.
• Revenue Sources: Highly benefited from the explosive demand for cloud computing, big data, and AI servers.
• Other Products: In addition to BMC, they also develop image extension chips (such as 360-degree image processing) and cloud and enterprise hardware management solutions.
Summary: They are the "backend administrators" for servers. As long as the world is building data centers and developing AI, their chips are almost indispensable.
Choose them, or choose SUI?