$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.
BREAKING: IBM $IBM stock is now down 25% in a single day, less than 1 hour into trading.
It's worst trading day ever?
Black Monday: October 19, 1987...
Shares fell 23% that day.
We are currently watching the worst day for IBM stock EVER.
$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.