$ELVR Elevra Lithium Limited:
60% increase in the last 1.5 months since my last post and is getting tight on daily. A break above $54 can take it to $60.
$ARCB (ArcBest Corp.) is at an interesting inflection point.
-- Trading above both the high and low VWAPs.
-- Sitting at a high-volume node on the volume profile, suggesting strong support.
-- Holding above the 20 EMA.
-- A decisive breakout above $152 could be the trigger for the next leg higher.
This is a chart worth keeping on the watchlist.
Episode 69: Founder of @Snapchat a my new bestie, @evanspiegel.
At 24, he became the world’s youngest billionaire.
Yet he’s one of the most down to earth founders I’ve ever interviewed. We didn’t stop laughing. ❤️
$NOK Nokia: Falling wedge and Doji on Weekly. Earnings are due in 11 days on July 23.
The key level to watch is $16—a major resistance that has held for nearly 15 years. A decisive breakout above this long-term base could open the door to a move toward $40 over time.
$NOW $MSFT $TEAM $PLTR
Is this earnings season make-or-break for software?
Most of these names are trading below their 200-day SMA, with several also losing their 50-day trend heading into earnings.
ServiceNow – Reports July 22. Holding above the 50-day SMA.
Atlassian – Reports July 30. Also holding the 50-day SMA.
Microsoft – Reports July 29. Trading below the 50-day SMA.
Palantir – Expected to report in early August. Trading below the 50-day SMA.
$KLIC Kulicke & Soffa Industries Inc specializes in advanced semiconductor packaging and next-generation bonding technologies.
Revenue is expected to grow to $310 million for the quarter ending July 2026. This represents a massive 109% increase year-over-year compared to the $148.4 million reported in the same period last year. It also reflects a 28% sequential expansion over the previous quarter ($242.6 million).
Up more than 100% in the last 6 months. Pulled back to 50SMA and holding above 50SMA.
$RIVN Rivian: The company announced plans to sell 75 million shares. The stock fell down 23% but recovered and closed the week 6% down. It needs to get over the IPO VWAP (around $20.5) wall for me to be interested.
$FIG Since IPO last year Figma Inc. has broken above its 50-day SMA for the 4th time. The previous three breakouts all failed, with the stock reversing back below the 50SMA.
Will the 4th time be the charm? If this breakout holds, the next key level to watch is the 200-day SMA around $30.
$NTAP NetApp Inc. Power earnings gapper bounced off 21EMA and moved yesterday with nice volume. Another beneficiary of AI infrastructure spending.
Very similar price action to $DELL .
$CSCO and $HPE bounced off 50SMA.