Filled some $APP shares in the low 300s today, was too good of a r/r to pass up.
280 is my final line in the sand since a much deeper drop could come if that level doesn't hold. Still, I would expect $APP to consolidate and base for a short period.
Keep in mind this name is also down about 60% from it's ATH.
Few key things to note:
-Q2 2026 revenue rose 53% year over year to $1.92 billion
-Q3 guidance called for $2.055–$2.085 billion in revenue with an 83% adjusted EBITDA margin, suggesting the business hasn’t weakened(not sure myself why this sold off so hard)
-Huge profitability by generating $1.27 billion in net income
If the market cooperates, I can easily see this name partial gapfilling 360-380 pretty soon, with a 400 target EOY.
$APP $GOOGL $META $AMZN $TTD $APPS $U
To be completely honest, I did not expect the entire watchlist to move in the first day of the week.
Here's today's report card, hope someone was able to ride the wave!
$NBIS: +7.67%
$CRWV : +11.72%
$IREN: +5.04%
$INTC: +9.02%
$ARM: +3.69%
$AEHR: +5.24%
$ORCL: +2.36%
$COHR: +7.10%
Not a single red name on a day $SPY went -0.55%.
Here’s some names I’m eyeing this short week, especially interested to see which ones can keep the momentum going from last week 👀
Data Centers: $NBIS $CRWV $IREN
Semis: $INTC $ARM $AEHR
Software: $ORCL
Opticals: $COHR
Anything you guys also like here?
Double beat into 18% AH drop.
Summary:
- Revenue growth slowed to 21%, down from 25% last year.
- Platform revenue growth slowed to 22% from 26%.
- GTV growth slowed to 17% from 19%.
- Q3 revenue guidance of $285–287 million implies a sequential decline from Q2’s $292.8 million.
- Chief Revenue Officer Ross Biestman stepping down from his role soon
Basically, leadership change and weak guidance led to this result.
A lesson to never gamble on earnings!
If it weren't for earnings after close today, I would say $TTAN is a great risk to reward add here at 50ma.
Many newer IPOs always drop down after an initial pump and base for a lengthy Stage 1 accumulation phase.
Let's see if the earnings will propel the stock back to 100s, and officially kicking off Stage 2!