Forgent $FPS is back on the watchlist after spending 2+ months consolidating and building a fresh base. Now attempting a Stage 1 to Stage 2 transition — currently testing IPO VWAP, which is a critical resistance level to watch.
The setup here ties directly into a bigger infrastructure bottleneck: Elon recently flagged that 15GW of AI compute slated for 2027 might not even be able to power on due to energy and infrastructure constraints.
The logic is simple: AI needs compute. Compute needs power. Power needs infrastructure.
If that constraint plays out, names tied to power delivery, grid buildout, and energy infrastructure could see sustained demand tailwinds. $FPS is one to monitor as this theme develops — especially if it can clear this technical resistance and confirm the base breakout.
The setup here ties directly into a bigger infrastructure bottleneck: Elon recently flagged that 15GW of AI compute slated for 2027 might not even be able to power on due to energy and infrastructure constraints.
The logic is simple: AI needs compute. Compute needs power. Power needs infrastructure.
If that constraint plays out, names tied to power delivery, grid buildout, and energy infrastructure could see sustained demand tailwinds. $FPS is one to monitor as this theme develops — especially if it can clear this technical resistance and confirm the base breakout.
