Our Top Pick of the Week (TPOW) for the week of July 7, 2025, was NVTS (Navitas Semiconductor Corp.), and it demonstrated why high-momentum setups continue to offer strong potential in a mixed market environment. The trade was entered on Monday, July 7, at $6.33 following a breakout above prior resistance, with solid technical confirmation from a high SCTR rating and favorable stochastic momentum. However, unlike most TPOW trades that are typically closed by Friday of the same week, this position was held for a second week due to market action that unfolded shortly after our entry.
NVTS initially moved higher early in the first week but retreated toward support midweek, triggering a decision point. Given that the stock remained technically strong—still above the 10-day moving average, with volume support and continued relative strength—we opted to hold the position into a second week. This decision proved prudent, as NVTS regained strength and advanced steadily, ultimately closing the position on July 18 at $6.84. While not our usual one-week TPOW trade, this extension reflected the flexibility built into our rules-based strategy when the technical case remains compelling.
The broader market, as measured by the S&P 500 (SPY), remained relatively stable over the two-week period, fluctuating within a narrow range and ending the week of July 18 with a modest overall gain of about 0.5%. Inflation data released during this window aligned with expectations, and the Federal Reserve maintained a neutral tone—conditions that encouraged select strength in semiconductors and other technology leaders. NVTS benefited from this environment, with buyers stepping in as it approached prior support levels.
Ultimately, NVTS provided a clear example of how our TPOW process adapts to price behavior while remaining anchored in technical discipline. The decision to extend the holding period was based on a strong setup that continued to meet our criteria, reinforcing the importance of not exiting prematurely when momentum remains intact. Stay tuned for next week’s TPOW as we continue to scan for setups with high relative strength and breakout potential.
