Lumentum is Breaking Out: I’m Betting It Has More Room To Run

Lumentum (LITE) is pushing out of a months-long consolidation as volume expands, with the stock nearing all-time highs while optical-networking peers COHR and AAOI remain well below theirs. Evan explains why that relative strength matters in an AI infrastructure name and what the breakout still needs to prove.

Quant Rockets entered before the breakout, accepting a week of chop in exchange for an earlier position. The video walks through that trade-off, the case for a larger trend, and why risk controls leave room for normal pullbacks.

Video timestamps

• 0:00 Introduction
• 0:52 The $LITE Breakout Setup
• 1:47 $LITE And AI Optical Networking
• 3:03 Why $LITE Leads Its Peers
• 3:59 The Early Entry Trade-Off
• 4:59 $LITE Breakout Volume
• 6:00 The Case For A Larger Trend
• 7:31 Managing Stop Loss Risk

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