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Indie Semiconductor Inc
Company Overview: Indie Semiconductor, Inc. (NASDAQ: INDI) offers automotive semiconductors and software solutions for advanced driver assistance systems (ADAS), driver automation, in-cabin, user experience (including connected car) and electrification applications.
As per our previous US Daily Report published on ‘INDI’ on 16th October 2024, Kalkine provided an ‘Buy’ stance on the stock at USD 3.56 based on “price action, recent key business and financial updates, momentum in the stock over the last month, and technical indicators analysis” and the stock price has now moved by ~47.19% since then and attained both resistance 1 and resistance 2.
Noted below are the details of support and resistance levels provided in our previous report:
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