Is Circle Ready to Circle Back After Falling 55% Since May?Circle Internet Group NYSE:CRCL has been beaten up pretty well over the past two months after the stablecoin firm hit a $140 2026 high in mid-May. Shares have given back some 55% since then. Let's see what Circle's chart and fundamentals say about whether the stock came mount a comeback.
Circle's Fundamental Analysis
For those who wondered but were afraid to ask, Circle is a financial-technology company that builds infrastructure for digital currencies, stablecoins and blockchain-based applications.
Circle is primarily known for having issued two stablecoins -- the U.S. dollar-backed CRYPTOCAP:USDC USDC and the Euro-backed CRYPTOCAP:EURC . (CRCL also offers a tokenized money-market fund known as "USYC.")
The firm primarily operates a business-to-business enterprise, with no real contact with the consumer.
Wall Street expects Circle to release Q2 results on or about Aug. 10, with the Street looking for $0.17 of GAAP earnings per share on about $721 million of revenue.
Such a top-line result would only represent about 10% year-over-year growth, but that kind of bottom-line print would compare very well to the $4.48-per-share loss that Circle saw a year ago.
Still, a lot of analysts appear to be unsure of what to expect from the upcoming results.
Only one of the 15 sell-side analysts that I know to cover this stock has increased his earnings estimate for the period since it began, while six have cut their estimates. (Eight haven't adjusted anything in months.) All of that is a little odd.
Circle's Technical Analysis
Now let's check out Circle's year-to-date chart running through Wednesday afternoon (July 15):
Readers will see that from early March into early June, CRCL developed and completed a double-top pattern of bearish reversal, shaded in pink in the chart above.
This pattern worked to textbook-like perfection, with its $84 downside pivot (the stock's early April low) ultimately leading to Circle falling to a $59.29 2026 low on July 14.
In doing so, CRCL surrendered three key levels. The stock lost its 50-day Simple Moving Average (or "SMA," marked with a blue line), its 200-day SMA (the red line) and its 21-day Exponential Moving Average (or "EMA," denoted by a green line).
That might have turned both professional managers and swing traders against the stock. Then again, the 21-day line acted as resistance as recently as July 10, indicating that maybe the swing crowd isn't yet quite ready to change sides.
And while Circle's Relative Strength Index (the gray line marked "RSI" at the chart's top) has been weak, at least it's off of its lows.
The stock's daily Moving Average Convergence Divergence indicator (or "MACD," denoted by blue bars, a black line and gold line at the chart's bottom) is looking more bullish as well.
For instance, the histogram of the 9-day EMA (the blue bars) has gone positive. That's a short-term bullish signal.
Meanwhile, the 12-day EMA (the black line) has crossed above the 26-day EMA (the gold line). That's often one of the first signals of a changed environment, although both lines are still running in negative territory. That does mute this signal to some degree.
No promises, but these technicals say there's definitely a chance that CRCL has bottomed out -- or has at least begun the process of building a bottom.
(Moomoo Technologies Inc. Markets Commentator Stephen "Sarge" Guilfoyle had no position in CRCL at the time of writing this column.)
This article discusses technical analysis, other approaches, including fundamental analysis, may offer very different views. The examples provided are for illustrative purposes only and are not intended to be reflective of the results you can expect to achieve. Specific security charts used are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. This content is also not a research report and is not intended to serve as the basis for any investment decision. The information contained in this article does not purport to be a complete description of the securities, markets, or developments referred to in this material. Moomoo and its affiliates make no representation or warranty as to the article's adequacy, completeness, accuracy or timeliness for any particular purpose of the above content. Furthermore, there is no guarantee that any statements, estimates, price targets, opinions or forecasts provided herein will prove to be correct.
Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., investment products and services on Moomoo are offered by Moomoo Financial Inc., Member FINRA/SIPC.
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AMD's Fundamental Analysis
TD Cowen's Joshua Buchalter this week boosted his AMD price target to $675 from a previous $600 (and the $548.13 the chip firm closed at on Tuesday).
Buchalter also reiterated his "Buy" rating for the stock, writing in a research note about major artificial-intelligence product launches that he expects from the firm during 2026's second half. He also believes CPU demand will remain quite strong, bolstered by agentic AI.
Buchalter is a top-rated sell-side analyst, with TipRanks noting that he's built a 77% success rate and 68.9% average return over the past two years.
Just a few days earlier, Ruben Roy took over AMD coverage for Stifel Nicolaus and promptly rated the chip stock a "Buy," increasing his firm's target price to $635 from an earlier $475.
Roy has had a 79% success rate and 111.1% average return over the past two years, according to TipRanks.
All in, AMD has 28 "Buy" ratings, eight "Hold" designations and zero "Sells" among the 36 analysts that TipRanks follows who cover the stock.
Their 12-month price targets range from a $725 high to a $250 low, with the average forecast predicting the stock will hit $531.78.
Meanwhile, Wall Street expects AMD to release its Q2 results in about three weeks on or about Aug. 4, with analysts' consensus view calling for $1.61 in adjusted earnings per share on roughly $11.1 billion of revenue. (The range of expectations spans from $1.48 to $1.74 in adjusted EPS and $11.1 billion to $11.65 billion of revenue.)
If AMD meets the consensus estimate, that would represent a 235.4% year-over-year gain from the $0.48 in adjusted EPS that the firm reported in the year-ago period. AMD would also see around 44% growth from Q2 2025's $7.7 billion in sales.
The Street is also looking for 43% of sales growth for 2026 as a whole, as well as 56% for 2027.
In fact, 36 of the 40 sell-side analysts that I know of who over AMD have increased their earnings estimates since the quarter began, while just one analyst has cut their forecast. (Three have made no changes.)
AMD's Technical Analysis
Next, let's go to AMD's year-to-date chart as of Monday afternoon (July 13):
Readers will see that AMD recently tried to break out of a rising-wedge pattern of bearish reversal that ran from late March into early July, as marked with orange shading above.
While that breakout failed, AMD has now found consistent support just above the 23.6% Fibonacci retracement level of its late-March/late-June rally, as denoted by the gray lines and shading in the chart.
Admittedly, the shares have struggled to hold their 21-day Exponential Average (or "EMA," marked with a green line at $526.90).
AMD has been both above and below the 21-day EMA line in recent weeks, which very likely implies that the swing crowd is mixed on what to do with the stock at these levels.
The share price could even fall all the way back to its 50-day Simple Moving Average (or "SMA," denoted by a blue line at $486.10). That's where the stock would likely face a test by professional portfolio managers.
Conversely, getting swing traders behind AMD would probably require a more bullish posture to the stock's daily Moving Average Convergence Divergence indicator (or "MACD," marked with blue bars, a black line and a gold line at the chart's bottom).
The 12-day EMA (the black line) would have to cross over the 26-day EMA (the gold line), while the histogram of the 9-day EMA the blue bars) would have to move into positive territory. All of that would be bullish.
Meanwhile, AMD's Relative Strength Index (or "RSI," the gray line at the chart's top) is slightly better than neutral, but not really a factor in this analysis.
(Moomoo Technologies Inc. Markets Commentator Stephen "Sarge" Guilfoyle was long AMD at the time of writing this column.)
This article discusses technical analysis, other approaches, including fundamental analysis, may offer very different views. The examples provided are for illustrative purposes only and are not intended to be reflective of the results you can expect to achieve. Specific security charts used are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. This content is also not a research report and is not intended to serve as the basis for any investment decision. The information contained in this article does not purport to be a complete description of the securities, markets, or developments referred to in this material. Moomoo and its affiliates make no representation or warranty as to the article's adequacy, completeness, accuracy or timeliness for any particular purpose of the above content. Furthermore, there is no guarantee that any statements, estimates, price targets, opinions or forecasts provided herein will prove to be correct.
The Analyst Ratings feature comes from TipRanks, an independent third party. The accuracy, completeness, or reliability cannot be guaranteed and should not be relied upon as a primary basis for any investment decision. The target prices are intended for informational purposes only, not recommendations, and are also not guarantees of future results.
Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., investment products and services on Moomoo are offered by Moomoo Financial Inc., Member FINRA/SIPC.
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Palantir's Fundamental Analysis
PLTR will next report quarterly earnings in about four weeks' time, releasing fiscal Q2 results in August.
Although management has yet to set an official date for Palantir's earnings release the Street is looking for the company to show $0.35 in adjusted earnings per share on about $1.81 billion of sales.
If those numbers are what actually hit the tape, that would represent about 119% of year-over-year profit growth on roughly 80% in y/y revenue gains.
Meanwhile, analysts' consensus estimates for the company's full-fiscal-year results call for 97% year-on-year earnings growth and a 73% y/y sales increase. Growth like that doesn't come easily for large-cap stocks.
And impressively, 20 of the 23 sell-side analysts that I know of who cover PLTR have increased their earnings estimates since the quarter began. Zero analysts have reduced their estimates, while three have made no changes.
Bank of America analyst Mariana Perez Mora (rated at five stars out of a possible five by TipRanks) recently reiterated her "Buy" rating on the stock, although she hasn't set a price target on PLTR for a while.
Palantir's Technical Analysis
Now let's go to PLTR's chart going back some seven months and running through Wednesday afternoon (July 8):
Readers will first see that Palantir developed a falling-wedge pattern of bullish reversal that lasted from late 2026 into May.
Marked with tan shading at the chart's left, this set-up didn't really produce much for the stock. Palantir tried to break out of the pattern in late May and rally, but failed to do so.
But interestingly, the stock's aborted breakout ended up developing into the first portion of what I think might become an inverse head-and-shoulders pattern (which also predicts bullish reversal).
Marked with green shading at the chart's right, this pattern looks like it's close to two-thirds of the way toward completion.
I've drawn in what could become the pattern's right shoulder if Palantir falters -- which it seems to be doing at its 50-day Simple Moving Average, or "SMA," marked with a blue line at $133.70 above. (The stock closed Monday at $130.04.)
Should Palantir come back, break through and hold the 50-day SMA, then we'll stop looking for an inverse head-and-shoulders pattern.
Instead, portfolio managers would likely have to make decisions on their allocation weightings in the stock in preparation for a potential run at Palantir's 200-day SMA (the red line at $157.10 above).
Until then, the pivot for what might be a bullish pattern in the making would likely stand at $136. (Again, PLTR ended Monday at $130.04.)
Moving on to the other technical indicators above, Palantir's Relative Strength Index (the gray line marked "RSI" at the chart's top) has improved recently, but is struggling to hold above the neutral line.
The stock's daily Moving Average Convergence Divergence indicator (or "MACD," denoted by blue bars, a black line and a gold line at the chart's bottom) has improved as well, but needs more to become strongly bullish.
On one hand, the histogram of the stock's 9-day Exponential Moving Average (or "EMA," marked with blue bars) has moved into positive territory. That's a short-term bullish signal.
Additionally, the 12-day EMA (the black line) is running above the 26-day EMA (the gold line). That's bullish as well. However, that signal's degree of bullishness is somewhat muted by the fact that both of those lines are running below the zero-bound.
(Moomoo Technologies Inc. Markets Commentator Stephen "Sarge" Guilfoyle was long PLTR at the time of writing this column.)
This article discusses technical analysis, other approaches, including fundamental analysis, may offer very different views. The examples provided are for illustrative purposes only and are not intended to be reflective of the results you can expect to achieve. Specific security charts used are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. This content is also not a research report and is not intended to serve as the basis for any investment decision. The information contained in this article does not purport to be a complete description of the securities, markets, or developments referred to in this material. Moomoo and its affiliates make no representation or warranty as to the article's adequacy, completeness, accuracy or timeliness for any particular purpose of the above content. Furthermore, there is no guarantee that any statements, estimates, price targets, opinions or forecasts provided herein will prove to be correct.
The Analyst Ratings feature comes from TipRanks, an independent third party. The accuracy, completeness, or reliability cannot be guaranteed and should not be relied upon as a primary basis for any investment decision. The target prices are intended for informational purposes only, not recommendations, and are also not guarantees of future results.
Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., investment products and services on Moomoo are offered by Moomoo Financial Inc., Member FINRA/SIPC.
TradingView is an independent third party not affiliated with Moomoo Financial Inc., Moomoo Technologies Inc., or its affiliates. Moomoo Financial Inc. and its affiliates do not endorse, represent or warrant the completeness and accuracy of the data and information available on the TradingView platform and are not responsible for any services provided by the third-party platform. AMAT Rose 300%+ to a Record, Then Fell. What Its Chart Says NowIt's no secret that semiconductor-related stocks like Applied Materials NASDAQ:AMAT have had a pretty rough week or so, with AMAT falling some 20% after hitting an all-time high just on June 30. Let’s see what Applied Materials' chart and fundamental analysis say could happen next with the semiconductor-equipment maker’s stock.
Applied Materials’ Fundamental Analysis
Semiconductor stocks have mostly been on a tear in 2026, with the Philadelphia Semiconductor Index NASDAQ:SOX hitting an all-time high on June 22 after rising 106.9% year to date.
But the sector pulled back in recent days and weeks, with the SOX giving back some 11% since June 22.
The Dow Jones US Semiconductor Index DJ:DJUSSC has likewise shed roughly 7% since setting a record high on June 3.
Semiconductor-equipment providers like Applied Materials have taken a hit as well. AMAT rose more than 300% over 12 months to peak on June 30, but has given back about 20% since then.
On the other hand, Morgan Stanley analyst Shane Brett recently boosted the stock's price target to $647 from a previous $502 while reiterating Applied Materials' hold-equivalent rating.
He also named AMAT as a "top pick" for the sector. (Separately, Brett raised his price targets for Lam Research NASDAQ:LRCX to $404 from $331 and KLA Corp. NASDAQ:KLAC to $274 from $190 while reiterating their current ratings.)
Brett is rated at five stars out of a possible five by TipRanks and has an 81% success rate over that past two years, with an 80% average return.
You’d think that AMAT might take off on an endorsement like that. But looking at its chart, I’m not so sure.
Applied Materials’ Technical Analysis
Here’s AMAT's chart going back some seven months and running through Monday afternoon (July 6):
Readers will first see that AMAT had a very nice run that saw it more than double in price since 2026 began.
However, the shares then tried but failed in June to break above the upper trendline of the stock's Raff Regression model (marked in orange and pink shading).
Instead, the stock ended up testing its 21-day Exponential Moving Average (or "EMA," marked with a green line above at $590.50). Applied Materials also probably tested the swing crowd at that line as well.
The stock recently fell below the 21-day EMA, but has not yet definitively dropped under that line. (Shares were trading Friday afternoon at $603.18, back above the 21-day EMA's $590.50.)
Meanwhile, Applied Materials has recently begun to form what might fully develop into a bearish head-and-shoulders pattern, marked with red lines at the chart's right.
However, that pattern's right shoulder has yet to fully form, hence the question mark I added to the chart's right.
But should AMAT manage to regain and hold its 21-day EMA, the stock could experience an algorithmic surge that might complete that missing right shoulder. This would be a tradeable event -- although again, a head-and-shoulders pattern is one of bearish reversal.
That would create the potential for a more important test of Applied Materials' 50-day Simple Moving Average (or "SMA," denoted with a blue line at $494.10 above). That's where professional managers would likely have to make decisions concerning whether to maintain exposure to the stock. Of course, that's still about a $100 haircut from where AMAT has been trading at.
As for the other technical indicators in the chart above, those appear a bit shaky as well.
For example, Applied Materials' Relative Strength Index (the gray line marked "RSI" at the chart's top) has come down from overextended levels and stands just above the neutral line.
Similarly, the stock's daily Moving Average Convergence Divergence indicator (or "MACD," denoted by blue bars, a black line and a gold line at the chart's bottom) is sending less-than-bullish signals as well.
First, the histogram of the 9-day EMA (the blue bars) has moved into negative territory, which is a short-term bearish sign.
And while the 12-day EMA (the black line) and the 26-day EMA (the gold line) are both well into positive territory (a bullish signal), the 12-day line has crossed below the 26-day one. That's bearish.
(Moomoo Technologies Inc. Markets Commentator Stephen "Sarge" Guilfoyle had no position in AMAT at the time of writing this column.)
This article discusses technical analysis, other approaches, including fundamental analysis, may offer very different views. The examples provided are for illustrative purposes only and are not intended to be reflective of the results you can expect to achieve. Specific security charts used are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. This content is also not a research report and is not intended to serve as the basis for any investment decision. The information contained in this article does not purport to be a complete description of the securities, markets, or developments referred to in this material. Moomoo and its affiliates make no representation or warranty as to the article's adequacy, completeness, accuracy or timeliness for any particular purpose of the above content. Furthermore, there is no guarantee that any statements, estimates, price targets, opinions or forecasts provided herein will prove to be correct.
The Analyst Ratings feature comes from TipRanks, an independent third party. The accuracy, completeness, or reliability cannot be guaranteed and should not be relied upon as a primary basis for any investment decision. The target prices are intended for informational purposes only, not recommendations, and are also not guarantees of future results.
Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., investment products and services on Moomoo are offered by Moomoo Financial Inc., Member FINRA/SIPC.
TradingView is an independent third party not affiliated with Moomoo Financial Inc., Moomoo Technologies Inc., or its affiliates. Moomoo Financial Inc. and its affiliates do not endorse, represent or warrant the completeness and accuracy of the data and information available on the TradingView platform and are not responsible for any services provided by the third-party platform. Microsoft Is -30% Over 11 Months. What Can Its Chart Show Us?Microsoft has been an outlier among the "Magnificent Seven" tech giants in that it hasn't hit an all-time high in nearly a year -- moving up and down since peaking last July, but ultimately shedding some 30% since then. Let's check out its chart and fundamentals.
Microsoft's Fundamental Analysis
MSFT peaked last July 31 at $555.45, slid more than 35% to a $356.28 low in March and has bounced up and down ever since, trading midday Monday at $384.07.
Market watchers expect the company to report fiscal Q4 results in late July, with the Street currently looking for $4.24 in adjusted earnings per share on $87.66 billion of revenue.
That would represent a 16.2% gain from the $3.65 in adjusted EPS that Microsoft reported in the same period last year.
Meanwhile, the revenue number would reflect roughly 14.7% in year-over-year growth from the $76.4 billion of sales that MSFT saw in Q4 2025. (Analysts expect sales to have risen 17% for fiscal 2026 as a whole.)
That all sounds pretty good, but not everyone is excited. In fact, 20 of the 31 sell-side analysts that I know of who cover Microsoft have cut their earnings estimates since the current quarter began, while only eight have revised those numbers higher. (Three analysts have so far sat on their hands.)
But unlike some of Microsoft's hyperscaler competitors, the company is, to this point, still generating positive free cash flow.
So, will sub-15% sales growth be enough to fire the stock price back up?
Let's go to MSFT's chart for some clues.
Microsoft's Technical Analysis
Here's the stock's daily chart, going back roughly a year and running through Wednesday afternoon (July 1):
This chart shows a possible path for the stock to break out, but there could also be some potholes in the road ahead.
Readers will first see that Microsoft came out of a double-top pattern of bearish reversal in November. Marked with pink shading at the chart's left, this pattern worked like a charm and MSFT fell.
But now, Microsoft appears to have completed a double-bottom pattern of bullish reversal and is trying to head back north.
Marked in green at the chart's right, this pattern has an apparent upside pivot at $458, the apex of the central peak taken from the big "W" formation. (Again, MSFT was trading at $384.07 at midday Monday.)
However, to get to this pattern's apex, Microsoft's shares will have to first get definitively past the stock's 21-day Exponential Moving Average (or "EMA," marked by a green line at $387.10 above). That's where the battle of the swing traders will likely happen.
If Microsoft can take and hold that line, it will be on to the stock's 50-day Simple Moving Average (or "SMA," denoted by a blue line at $408.30 above).
After that, the stock's next challenge will be to retake its 200-day SMA (the red line at $446.10 above). That's where professional money managers will likely start making decisions regarding allocations.
That's a lot of wood for Microsoft to cut -- and that all would happen below the above pivot point.
Moving on to the other technical indicators above, Microsoft's Relative Strength Index (the gray line marked "RSI" at the chart's top) is improving and has now reached a neutral level.
Similarly, the stock's daily Moving Average Convergence Divergence indicator (or "MACD," marked with blue bars, a black line and a gold line at the chart's bottom) is starting to look better even though all three components remain negative.
The histogram of the 9-day EMA (the blue bars) is making an attempt to reach the zero-bound, which would be a positive signal if it happens.
At the same time, the 12-day EMA (the black line) is trying to overtake the 26-day EMA (the gold line). That would be a bullish signal if it happens, although it would be somewhat muted if both lines remain below zero (as they are now).
(Moomoo Technologies Inc. Markets Commentator Stephen "Sarge" Guilfoyle was long MSFT at the time of writing this column.)
This article discusses technical analysis, other approaches, including fundamental analysis, may offer very different views. The examples provided are for illustrative purposes only and are not intended to be reflective of the results you can expect to achieve. Specific security charts used are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. This content is also not a research report and is not intended to serve as the basis for any investment decision. The information contained in this article does not purport to be a complete description of the securities, markets, or developments referred to in this material. Moomoo and its affiliates make no representation or warranty as to the article's adequacy, completeness, accuracy or timeliness for any particular purpose of the above content. Furthermore, there is no guarantee that any statements, estimates, price targets, opinions or forecasts provided herein will prove to be correct.
Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., investment products and services on Moomoo are offered by Moomoo Financial Inc., Member FINRA/SIPC.
TradingView is an independent third party not affiliated with Moomoo Financial Inc., Moomoo Technologies Inc., or its affiliates. Moomoo Financial Inc. and its affiliates do not endorse, represent or warrant the completeness and accuracy of the data and information available on the TradingView platform and are not responsible for any services provided by the third-party platform. Micron Is Up 280% YTD. What Does Its Chart Show Us?Micron NASDAQ:MU has been the second-best-performing stock so far during 2026 in the S&P 500 SPCFD:SPX , rising some 280% year to date and recently hitting an all-time high following blowout quarterly earnings. Let's see what the semiconductor giant's chart and fundamentals can show us.
Micron's Fundamental Analysis
MU set a $1,255 intraday record high last Thursday after the firm posted $25.11 in fiscal Q3 adjusted earnings per share on $41.46 billion of revenue -- top- and bottom-line results that handily beat analyst forecasts.
Adjusted EPS rose 1,214.6% from $1.91 a year earlier, while sales gained 345.8% from the $9.3 billion seen in fiscal Q3 2025.
Micron's gross profit hit the tape at $35.06 billion -- up 97.4% y/y -- while gross margin shot up to an amazing 84.6% from 37.7% a year earlier.
Similarly, GAAP operating margin improved to a stunning 80.4% from 23.3% in the same period last year. (Adjusted operating margin likewise improved to 81.2% from 26.8% a year earlier.)
Meanwhile, GAAP EPS landed at $24.67 per fully diluted share, up from $1.68 in fiscal Q3 2035.
Looking at Micron's cash-flow statement, the firm generated $25.39 billion operating cash flow during the latest period -- up 451% year on year. Out of that number, capital expenditures came in $7.83 billion.
However, that doesn't include $733 in government incentives and $9 million in proceeds from property sales. Adding these back in to operating cash flow leaves about $18.3 billion of free cash flow, which was up 839% from the same period last year.
Better-Than-Expected Forward Guidance
Meanwhile, Micron projected $30-$32 in adjusted EPS on $49 billion-$51 billion of revenue for the current quarter.
That's far beyond the $25.45 of adjusted EPS and roughly $43.5 billion sales consensus that analysts had been modeling.
Management also forecast the current quarter's gross margin at approximately 86%. That's even higher than the hefty 84.6% that the firm just reported for fiscal Q3.
Micron's Technical Analysis
Next, let's check out MU's chart running from last November through Friday afternoon (June 26):
Readers will note that in early April, Micron broke out of a rectangle pattern, or "basing period of consolidation" (marked with a black rectangle at the chart's center). The stock then continued its near-parabolic move higher from there.
True, Micron last week tested their 21-day Exponential Moving Average (or "EMA," denoted by a green line) as traders and investors apparently "bought the dip" right before the firm released earnings. This allowed the stock to continue with its recent pattern of creating both higher highs and higher lows.
Micron is now trying to break out of the established uptrend that's illustrated here by a Raff Regression model (the orange and pink shading).
As for the other technical indicators in the chart above, Micron's Relative Strength Index (the gray line labeled "RSI" at the chart's top) is solid, but remains nowhere near technically overbought.
That said, the stock's daily Moving Average Convergence Divergence indicator (or "MACD," marked with blue bars, a black line and gold line at the chart's bottom) is in a tougher spot.
The histogram of the 9-day EMA (the blue bars) is struggling to go positive.
Similarly, the 12-day EMA (black line) is trying to cross above the 26-day EMA (the gold line), with both of those lines well above the zero-bound. If successful, such a move would signal a continuation of the bullish trend.
However, neither of these technical signals has definitively kicked in yet.
Still, readers should remember that the stocks of semiconductor firms (especially those within the memory and storage space) have been extremely volatile lately. Literally anything can happen over the short- to medium-term.
For example, Micron rose 7% intraday just a few days ago on June 22 to what was then a $1,213.56 all-time high -- then slid as much as 14.4% the next day to a $1,038.50 session low.
(Moomoo Technologies Inc. Markets Commentator Stephen "Sarge" Guilfoyle was long MU at the time of writing this column.)
This article discusses technical analysis, other approaches, including fundamental analysis, may offer very different views. The examples provided are for illustrative purposes only and are not intended to be reflective of the results you can expect to achieve. Specific security charts used are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. This content is also not a research report and is not intended to serve as the basis for any investment decision. The information contained in this article does not purport to be a complete description of the securities, markets, or developments referred to in this material. Moomoo and its affiliates make no representation or warranty as to the article's adequacy, completeness, accuracy or timeliness for any particular purpose of the above content. Furthermore, there is no guarantee that any statements, estimates, price targets, opinions or forecasts provided herein will prove to be correct.
Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., investment products and services on Moomoo are offered by Moomoo Financial Inc., Member FINRA/SIPC.
TradingView is an independent third party not affiliated with Moomoo Financial Inc., Moomoo Technologies Inc., or its affiliates. Moomoo Financial Inc. and its affiliates do not endorse, represent or warrant the completeness and accuracy of the data and information available on the TradingView platform and are not responsible for any services provided by the third-party platform. LITE Sank 25% After Gaining 1,400%+ in a Year. Here's Its Chart Lumentum Holdings NASDAQ:LITE has tumbled some 25% over less than two months after shooting up more than 1,400% over 12 months to hit an all-time high in May. Let's see what the optical-products firm's chart and fundamentals say could happen next.
Lumentum's Fundamental Analysis
LITE designs and manufactures tech equipment dealing with optical-networking and photonics (basically, light).
The firm sells optical chips, photonic chips, parts, modules and subsystems to cloud providers and data-center and/or artificial-intelligence infrastructure operators. Lumentum also supplies a number of different types of lasers to these clients for several purposes, including 3D sensors.
Created in 2015 as a spinoff from JDSU (formerly known as JDS Uniphase), Lumentum is now viewed by most as a leader in its field.
Outside of the United States, the company maintains a presence in Canada, China, Hong Kong, Thailand, the Netherlands, Taiwan, Switzerland, Israel and Japan.
Lumentum is about six weeks out from reporting the firm's fiscal Q4 numbers, with the Street looking for $2.96 in adjusted earnings per share on $988 million of revenue.
That would represent 236% in year-over-year earnings growth on 106% in y/y revenue growth. Not too shabby.
LITE put its fiscal Q3 numbers to the tape on May 5, reporting $2.37 in adjusted earnings per share on $808.4 million of sales. Adjusted EPS beat analyst estimates, but revenues trailed expectations even though sales rose at a 90.1% annual growth rate.
Nasdaq then announced three days later that LITE would join the Nasdaq 100 index NASDAQ:NDX on May 18, sending the stock peaking on May 15 just prior to its inclusion in the indicator. However, the stock has slowly fallen ever since.
Lumentum's Technical Analysis
Now let's look at LITE's chart going back some four months and running through Monday morning (June 29):
Readers will first see that LITE apexed right around its May 5 earnings release and Nasdaq's May 8 news that the stock would join the Nasdaq 100.
The stock broke down at that time from a rising-wedge pattern of bearish reversal (marked with orange shading) and gave up some significant ground.
What developed next was a pennant formation (shaded in blue in the chart above) that appears to be closing.
Pennants forecasts upcoming volatility, but don't tell us in which direction a stock will move. Shares can move sharply either up or down. This pattern only tells us that when the pennant does close, it's likely Lumentum will break out explosively one way or the other.
In the meantime, the stock has recently lost both its 21-day Exponential Moving Average (or "EMA," denoted by a green line) and its 50-day Simple Moving Average (or "SMA," marked with a blue line).
Regaining these lines would be paramount to keeping going LITE's recent series of higher lows and lower highs -- a pattern that can be traded in the short-term.
Meanwhile, Lumentum's Relative Strength Index (the gray line marked "RSI" at the chart's top) is close to neutral and has not been anything else since early May. This supports my thesis that this stock could break in either direction.
At the chart's bottom, the stock's daily Moving Average Convergence Divergence indicator (or "MACD," denoted by blue bars, a black line and a gold line) is postured similarly.
All three components -- the histogram of the 9-day EMA (the blue bars), 12-day EMA (the black line) and the 26-day EMA (the gold line) -- are crowded together, and none are very far from the zero-bound. Once again, that indicates a lack of directional signaling.
(Moomoo Technologies Inc. Markets Commentator Stephen "Sarge" Guilfoyle had no position in LITE at the time of writing this column.)
This article discusses technical analysis, other approaches, including fundamental analysis, may offer very different views. The examples provided are for illustrative purposes only and are not intended to be reflective of the results you can expect to achieve. Specific security charts used are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. This content is also not a research report and is not intended to serve as the basis for any investment decision. The information contained in this article does not purport to be a complete description of the securities, markets, or developments referred to in this material. Moomoo and its affiliates make no representation or warranty as to the article's adequacy, completeness, accuracy or timeliness for any particular purpose of the above content. Furthermore, there is no guarantee that any statements, estimates, price targets, opinions or forecasts provided herein will prove to be correct.
Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., investment products and services on Moomoo are offered by Moomoo Financial Inc., Member FINRA/SIPC.
TradingView is an independent third party not affiliated with Moomoo Financial Inc., Moomoo Technologies Inc., or its affiliates. Moomoo Financial Inc. and its affiliates do not endorse, represent or warrant the completeness and accuracy of the data and information available on the TradingView platform and are not responsible for any services provided by the third-party platform. What Rocket Lab's Chart Says After Shares Fell 45%+ in a MonthSpace firm Rocket Lab NASDAQ:RKLB rose some 425% over 12 months and 3,400%+ over 24 months to an all-time high a month ago -- then proceeded to sink 45%+ in four weeks. What can its chart and fundamentals tell us now?
Let's look:
Rocket Lab's Fundamental Analysis
RKLB has pulled back even though there's been mostly positive news flow recently for the company.
First, Rocket Lab announced last month that it won a $90 million contract from the U.S. Space Force to design, manufacture and operate two geostationary satellites that will host the Heimdall space domain awareness payload.
That represented RKLB's first satellite-production program for geostationary orbit, with Rocket Lab set to serve as the program's prime contractor and end-to-end mission provider.
Then we found out on June 11 that Rocket Lab would be moving into the Nasdaq 100 NASDAQ:NDX on June 22. That means Nasdaq-100-based ETFs and mutual funds have to buy and hold the stock.
A few days after that, Keybanc analyst Michael LeShock upgraded RKLB to "Overweight" (a buy equivalent) from "Sector Weight" (a hold equivalent) while initiating a $135 price target.
LeShock is rated at five stars out of a possible five by TipRanks, with a 60% success rate over two years and a 77% average return.
Still, all of those apparent positives haven't been enough to prevent Rocket Lab's pullback since the stock hit its $151 all-time intraday peak on May 27. Shares were trading at $80.39 Thursday morning, down 46.8% from their record high.
The company's next major catalyst could come in early August, when markets expect Rocket Lab to report Q2 results.
While the Street is forecasting 60% year-over-year revenue growth for the period, analysts don't expect the firm to reach profitability until 2027.
Rocket Lab's Technical Analysis
Next, let's look at RKBL's chart going back some 4-1/2 months and running through Tuesday afternoon (June 23):
Readers will first see that Rocket Lab broke out of a falling-wedge pattern of bullish reversal that worked to perfection early this past April. The shares spiked to apex at their aforementioned $151 all-time peak on May 27.
At first, I thought the stock was perhaps next developing a head-and-shoulders pattern of bearish reversal toward the chart's right (readers can easily see why), but the right-side shoulder never materialized.
Still, the chart shows that once RKLB lost its 21-day Exponential Moving Average (or "EMA," marked with a green line), shareholders (likely swing traders) sold the stock every time at that line during every attempted rally back.
But the real heartbreaker for shareholders was the stock's recent loss of its 50-day Simple Moving Average (or "SMA," marked by a blue line at $105.20 above).
If Rocket Lab can't quickly regain that line, risk managers will likely force a number of portfolio managers to reduce their exposure to the name. That could put the stock's 200-day SMA (the red line at $74.30) into play, as that's where portfolio managers might regroup to make a stand.
Meanwhile, Rocket Lab's Relative Strength Index (the gray line marked "RSI" at the chart's top) has weakened, but remains nowhere near entering into oversold territory.
Still, the bears clearly have control of the stock's daily Moving Average Convergence Divergence indicator (or "MACD," denoted by blue bars, a black line and a gold line at the chart's bottom).
The histogram of the 9-day EMA (the blue bars) is now well into negative territory, which is a short-term bearish signal.
In addition, the 12-day EMA (the black line) has been running below the 26-day EMA (the gold line) since early June. That's bearish, too -- especially with both lines more or less in negative territory.
Should the Bulls Have Any Hope?
That said, there's a sliver of something for the bulls to cling to as the wolves circle the stock baring their teeth -- the possibility that RKLB is trying to develop either a cup pattern or a cup-with-handle one. Both are patterns of bullish reversal.
The key here is to watch the 61.8% Fibonacci retracement level of Rocket Lab's late-March-through-late-May rally.
Marked with one of the gray lines in the gray field above, that 61.8% Fibonacci level sits a little below $93. That's the support level that Rocket Lab bulls might be grasping for.
(Moomoo Technologies Inc. Markets Commentator Stephen "Sarge" Guilfoyle was long RKLB at the time of writing this column.)
This article discusses technical analysis, other approaches, including fundamental analysis, may offer very different views. The examples provided are for illustrative purposes only and are not intended to be reflective of the results you can expect to achieve. Specific security charts used are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. This content is also not a research report and is not intended to serve as the basis for any investment decision. The information contained in this article does not purport to be a complete description of the securities, markets, or developments referred to in this material. Moomoo and its affiliates make no representation or warranty as to the article's adequacy, completeness, accuracy or timeliness for any particular purpose of the above content. Furthermore, there is no guarantee that any statements, estimates, price targets, opinions or forecasts provided herein will prove to be correct.
The Analyst Ratings feature comes from TipRanks, an independent third party. The accuracy, completeness, or reliability cannot be guaranteed and should not be relied upon as a primary basis for any investment decision. The target prices are intended for informational purposes only, not recommendations, and are also not guarantees of future results.
Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., investment products and services on Moomoo are offered by Moomoo Financial Inc., Member FINRA/SIPC.
TradingView is an independent third party not affiliated with Moomoo Financial Inc., Moomoo Technologies Inc., or its affiliates. Moomoo Financial Inc. and its affiliates do not endorse, represent or warrant the completeness and accuracy of the data and information available on the TradingView platform and are not responsible for any services provided by the third-party platform. Oracle Rose 85%+ This Spring, Then Fell. What Its Chart SaysHave you kids taken a look at Oracle NYSE:ORCL recently? The tech giant had a strong few months this past spring -- rising more than 80% between its April low and June high -- then stumbled.
Let's see what its chart and fundamentals say could happen next.
Oracle's Fundamental Analysis
Oracle gained 86% over some seven weeks to a $250.25 intraday high on June 1 after trading as low as $134.27 on April 10.
But the stock has fallen about 25% since then -- and has had a very rough nine months or so if one takes a look at a longer time frame.
Perhaps the reason why is the company's fundamentals.
Yes, Oracle last week beat analyst estimates for its fiscal Q4 revenues and earnings -- but true analysis requires a look under the hood.
A dive into ORCL's latest numbers shows that the company generated $31.997 billion of operating cash flow during fiscal Q4 but spent $55.663 billion on capital expenditures.
That leaves free cash flow of minus $23.686 billion. That's not a typo -- Oracle spent much more on capex than it received in operating cash flow. In fact, this was the firm's fifth consecutive quarter of such a cash burn.
Turning to Oracle's fiscal Q4 balance sheet, the company ended the period with a $31.894 billion cash position and $46.567 billion of total current assets.
However, current liabilities added up to $41.764 billion, including $7.199 billion of short-term debt load and $9.916 billion of deferred revenues.
This gave Oracle a 1.12 current ratio. Many investors would say that's OK, but not "good."
Adjusted to exclude deferred revenues (which aren't really true liabilities), this ratio rises to 1.31. While that might pass muster with many market watchers, no competent CFO would brag about such a number.
Meanwhile, Oracle's total assets amounted to $261.759 billion at fiscal Q4's May 31 ending. Of that number, goodwill or other intangibles accounted for less than 24% -- which isn't outlandish in 2026.
That said, Oracle's total liabilities less equity came in at $218.703 billion. And of that total, the company's long-term debt load works out to $122.342 billion.
Oracle's negative free cash flow means the company is burning cash even as its debt load keeps growing.
True, Oracle boasted in last week's quarterly report that it has $638 billion of remaining performance obligations. But if that's so, how are there only $9.9 billion in deferred revenues on the balance sheet's liability side?
It's been said that OpenAI accounts for more than 50% of that order backlog. If OpenAI isn't putting any cash down on those upcoming purchases, are they truly reliable orders?
Oracle's Technical Analysis
Next, let's check out ORCL's chart going back some three months and running through Tuesday afternoon (June 17):
Readers will first see that Oracle faced a bearish rising-wedge pattern this past spring that later morphed into a head-and-shoulders pattern of bearish reversal.
Marked with green shading at the chart's right, this head-and-shoulders bears a $178 apparent pivot point. (ORCL was trading at $182.67 Monday morning.)
However, Oracle has already lost its 200-day Simple Moving Average (or "SMA"), marked with a red line at $205.40 in the above chart. Shares have also given up their 21-day Exponential Moving Average (or "EMA"), denoted by a green line at $200.50.
And as I write this, the stock is currently fighting to hold onto its 50-day SMA (the blue line at $186.80). Definitively losing that line could very well force some portfolio managers who have hung on to this point to consider exiting or reducing their long positions.
As for the other technical indicators above, Oracle's Relative Strength Index (the gray line marked "RSI" at the chart's top) is below neutral.
Similarly, the stock's daily Moving Average Convergence Divergence indicator (or "MACD," denoted by blue bars, a black line and a gold line at the chart's bottom) is postured quite negatively.
The histogram of the 9-day EMA (the blue bars) is deeply negative, while the 12-day EMA (the black line) is running well below the 26-day EMA (the gold line). All of those are bearish signals.
(Moomoo Technologies Inc. Markets Commentator Stephen "Sarge" Guilfoyle had no position in ORCL at the time of writing this column.)
This article discusses technical analysis, other approaches, including fundamental analysis, may offer very different views. The examples provided are for illustrative purposes only and are not intended to be reflective of the results you can expect to achieve. Specific security charts used are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. This content is also not a research report and is not intended to serve as the basis for any investment decision. The information contained in this article does not purport to be a complete description of the securities, markets, or developments referred to in this material. Moomoo and its affiliates make no representation or warranty as to the article's adequacy, completeness, accuracy or timeliness for any particular purpose of the above content. Furthermore, there is no guarantee that any statements, estimates, price targets, opinions or forecasts provided herein will prove to be correct.
Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., investment products and services on Moomoo are offered by Moomoo Financial Inc., Member FINRA/SIPC.
TradingView is an independent third party not affiliated with Moomoo Financial Inc., Moomoo Technologies Inc., or its affiliates. Moomoo Financial Inc. and its affiliates do not endorse, represent or warrant the completeness and accuracy of the data and information available on the TradingView platform and are not responsible for any services provided by the third-party platform. Sandisk Is Up 800%+ YTD. What Does Its Chart Show Us?Sandisk NASDAQ:SNDK hit a new all-time high Thursday after the storage-device maker soared 800%+ year to date. Where might the stock go next?
Let's see what its chart and fundamentals say:
Sandisk's Fundamental Analysis
SNDK hit a $2,189.68 record intraday peak Thursday morning, up 822% YTD and more than 6,100% from the $35.06 it opened at when Western Digital NASDAQ:WDC spun the company off into a separate stock on Feb. 13, 2025.
Western Digital had acquired Sandisk in 2016, selling memory cards, USB drives and solid-state drives under both companies' brand names for nine years.
But WDC packaged all of its flash-storage businesses into Sandisk in early 2025 and created an independent, publicly traded firm out of them. (Western Digital retained its hard-drive business, as well as a host of licensing arrangements.)
Some 16 months later, both names are part of the often-spoken-about memory/storage basket that you might have seen me discuss at one time or another on financial television. (Other stocks in this basket are Micron Technology NASDAQ:MU and Seagate Technology NASDAQ:STX ).
Sandisk won't report earnings again until mid-August, when Wall Street expects it to release fiscal Q2 results.
It's early, but analysts currently forecast that the firm will announce $33.17 in adjusted earnings per share on almost $8.3 billion in revenue.
That would compare to -- get this -- just $0.29 of adjusted EPS on $1.9 billion of revenue in the year-ago period.
In fact, 13 of the 16 sell-side analysts who've expressed public opinions so far on SNDK's upcoming results have already increased their estimates. (The other three have done nothing, while zero analysts have cut their forecasts.)
Sandisk's Technical Analysis
Next, let's look at SNDK's chart going back about eight months and running through midday Thursday (June 18):
Readers will first see that SNDK rallied in early 2026 out of a bullish-flag pattern. Marked with green lines and blue-green shading at the chart's center, this is a pattern of trend continuance.
Next, Sandisk developed over April through June what looks like a rising-wedge pattern of bearish reversal, denoted by orange shading at the chart's right.
SNDK tried in recent days to break out of this pattern to the upside, but when a stock exhibits a bullish breakout from a bearish pattern (or vice versa), the move is often exaggerated. That could be the case here. We'll just have to wait and see.
Meanwhile, Sandisk has used its 21-day Exponential Moving Average (or "EMA," denoted by a squiggly green line) as support for the past three months.
In fact, the stock hasn't even come close to testing its 50-day Simple Moving Average (or "SMA," marked with a blue line) throughout this stretch, showing just how strong the name has been.
Looking at Sandisk's other technical indicators, the stock's Relative Strength Index (marked with a gray line at the chart's top) is quite robust and bordering on overbought territory.
Similarly, Sandisk's daily Moving Average Convergence Divergence indicator (or "MACD," denoted by blue bars, a black line and a gold line at the chart's bottom) is postured quite bullishly.
For starters, the histogram of the 9-day EMA (the blue bars) has moved above the zero-bound. That's a bullish sign.
In addition, the 12-day EMA (the black line) has recrossed above the 26-day EMA (the gold line) -- with both already deep into positive territory. That's also a bullish signal.
Of course, those looking for a bearish set-up just might see one in the most recent price action.
Should SNDK have just put in a top at Thursday's record high, it wouldn't take much for a head-and-shoulders pattern of bearish reversal to develop.
(Moomoo Technologies Inc. Markets Commentator Stephen "Sarge" Guilfoyle was long SNDK, WDC, MU and STX at the time of writing this column.)
This article discusses technical analysis, other approaches, including fundamental analysis, may offer very different views. The examples provided are for illustrative purposes only and are not intended to be reflective of the results you can expect to achieve. Specific security charts used are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. This content is also not a research report and is not intended to serve as the basis for any investment decision. The information contained in this article does not purport to be a complete description of the securities, markets, or developments referred to in this material. Moomoo and its affiliates make no representation or warranty as to the article's adequacy, completeness, accuracy or timeliness for any particular purpose of the above content. Furthermore, there is no guarantee that any statements, estimates, price targets, opinions or forecasts provided herein will prove to be correct.
Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., investment products and services on Moomoo are offered by Moomoo Financial Inc., Member FINRA/SIPC.
TradingView is an independent third party not affiliated with Moomoo Financial Inc., Moomoo Technologies Inc., or its affiliates. Moomoo Financial Inc. and its affiliates do not endorse, represent or warrant the completeness and accuracy of the data and information available on the TradingView platform and are not responsible for any services provided by the third-party platform. Intel Rose 200%+ in Six Weeks. Here's What Its Chart Says NowIntel NASDAQ:INTC has eased slightly recently, but hit an all-time high in May after an almost parabolic run that saw the stock gain 226.7% in six weeks. What do the chip designer/silicon foundry's chart and fundamentals say could happen next?
Let's take a look:
Intel's Fundamental Analysis
It's certainly been a wild ride for INTC shareholders over the past few months.
The stock has been trading in the $110s and $120s over the past month or so even though incredibly, Intel was only in the $40s as recently as early April.
What's caught my eye has been the stock's volatile price action over recent sessions.
For example, INTC gave up 11.3% on Friday, June 5, alone -- dragged lower with the entire semiconductor group after Broadcom NASDAQ:AVGO reported earnings that Wall Street took poorly.
But one session later on Monday, June 8, Intel rallied back 11.2% on a report that both Nvidia NASDAQ:NVDA and Alphabet NASDAQ:GOOGL were considering using Intel as a back-up to Taiwan Semiconductor NYSE:TSM to meet their respective foundry needs.
Tech publication The Information reported that due to increasing capacity issues at Taiwan Semi, Alphabet had placed a big order with Intel. Alphabet NASDAQ:GOOG also reportedly asked Intel to build it more than 3 million tensor processing units (or TPUs) in 2028.
The Information said Alphabet decided to use Intel's foundry to manufacture the TPUs after months of testing INTC's technology. (Nvidia has apparently not yet placed an order with Intel, but is still testing said technology.)
Intel's Technical Analysis
Now let's go to Intel's year-to-date chart, running through Tuesday afternoon (June 9):
This chart first shows that INTC traded sideways in a flat-base pattern (also known as a "rectangle") from last October to mid-April.
Marked with three heavy black lines at the chart's left, this pattern often signals a breakout. However, the signal is non-directional, meaning the stock can break out either up or down.
Well, a breakout finally did occur in April -- and we now know its direction was to the upside ... in a big way.
That said, Intel left an unfilled gap in late April, marked with an orange oval in the chart above. The stock might have to revisit this gap at some point, but probably not today.
Readers will next see that Intel has traded lower since apexing on May 11, but has swung up and down and only fallen slightly. I interpret this activity as a bull-flag pattern, marked with purple shading at the chart's right.
Pro traders usually see bull flags as patterns of bullish trend continuance. However, bull flags also historically represent a short- to medium-term pause or period of temporary consolidation after a sharp price rise. In theory, this comes ahead of a resumption of a stock's upward momentum.
I tend to use the closing price of a day when a stock hits a recent high as my pivot point for bull-flag patterns. That would be $129 in the chart above vs. the $119.32 that Intel was trading at Tuesday morning.
Looking at Intel's other technical indicators in the chart above, the stock's Relative Strength Index (or "RSI," marked with the gray line at the chart's top) has regained the neutral line.
This happened just as the stock's share price regained its 21-day Exponential Moving Average (or "EMA," marked with a squiggly green line above). That might move the swing crowd to consider getting back on board with the stock.
That said, Intel's daily Moving Average Convergence Divergence indicator (or "MACD," denoted by blue bars, a black line and a gold line at the chart's bottom) isn't postured all that bullishly.
Still, the histogram of the 9-day EMA (the blue bars) has at least worked its way back up towards the zero-bound.
Similarly, Intel's 12-day EMA (the black line) appears to be pushing its way back up towards the stock's 26-day EMA (the gold line), with both lines above zero.
If the 12-day line manages to cross over the 26-day line (with both remaining above zero, that would be a medium-term bullish signal as well.
(Moomoo Technologies Inc. Markets Commentator Stephen "Sarge" Guilfoyle was long INTC, NVDA and TSM at the time of writing this column.)
This article discusses technical analysis, other approaches, including fundamental analysis, may offer very different views. The examples provided are for illustrative purposes only and are not intended to be reflective of the results you can expect to achieve. Specific security charts used are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. This content is also not a research report and is not intended to serve as the basis for any investment decision. The information contained in this article does not purport to be a complete description of the securities, markets, or developments referred to in this material. Moomoo and its affiliates make no representation or warranty as to the article's adequacy, completeness, accuracy or timeliness for any particular purpose of the above content. Furthermore, there is no guarantee that any statements, estimates, price targets, opinions or forecasts provided herein will prove to be correct.
Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., investment products and services on Moomoo are offered by Moomoo Financial Inc., Member FINRA/SIPC.
TradingView is an independent third party not affiliated with Moomoo Financial Inc., Moomoo Technologies Inc., or its affiliates. Moomoo Financial Inc. and its affiliates do not endorse, represent or warrant the completeness and accuracy of the data and information available on the TradingView platform and are not responsible for any services provided by the third-party platform. AAOI Rose 1,050% Over a Year, Then Fell. What Its Chart Says NowApplied Optoelectronics NASDAQ:AAOI has pulled back some 20% in roughly four weeks after a great run that saw the fiberoptic-networking firm gain 275% between late February and mid-May. Let's check out its chart and fundamentals to see what could happen next.
Applied Optoelectronics' Fundamental Analysis
AAOI was hot -- red hot -- over the late winter and early spring.
Wall Street started to notice when the firm announced, in less than six weeks, more than $324 million in new 800G and 1.6T orders from an undisclosed "major hyperscaler" customer. That included a $71 million order for 800G single-mode data-center transceivers.
AAOI shares hit a $233.67 all-time intraday high on May 13, up more than 1,050% over 12 months and 515% since hitting a Feb. 4 $37.99 near-term low.
This is all well and good, except AAOI's chart shows a potentially bearish technical pattern taking shape. Let's explore:
Applied Optoelectronics' Technical Analysis
Here's AAOI's chart going back some four months and running through Monday afternoon (June 8):
Readers will see that AAOI has begun to run sideways after its semi-parabolic spring run.
In fact, really astute readers might notice that a head-and-shoulders pattern of bearish reversal appears to have developed, with the head apexing on May 13.
Marked with purple lines and purple shading at the chart's right, this pattern has a "neckline" (or downside pivot) that would land just around $149.
The stock isn't yet close to cracking that level, trading at $188.21 Monday morning. But retail investors need to know what's out there.
Meanwhile, AAOI's Relative Strength Index (the gray line at the chart's top), is showing a slightly better than neutral posture.
However, the stock's daily Moving Average Convergence Divergence indicator (or "MACD," marked with blue bars, a black line and a gold line at the chart's bottom) is in dicier shape.
The histogram of the 9-day Exponential Moving Average (or "EMA," denoted by blue bars) is in negative territory and has been for weeks. This is a short-term bearish signal.
Similarly, the stock's 12-day EMA (the black line) has been riding below the 26-day EMA (the gold line) for weeks as well.
This would be a medium-term bearish signal if not for the fact that both of those lines are still running above the zero-bound. That takes the edge off of the negative messaging, but doesn't make the signal bullish by any stretch of the imagination.
Some cautious investors are probably waiting to see if the stock tests its 50-day EMA (the blue line at $158.70 in the chart above) before making any decisions about the stock. It's there that we'll find out if the professional money is going to defend this stock or not.
(Moomoo Technologies Inc. Markets Commentator Stephen "Sarge" Guilfoyle had no position in AAOI at the time of writing this column.)
This article discusses technical analysis, other approaches, including fundamental analysis, may offer very different views. The examples provided are for illustrative purposes only and are not intended to be reflective of the results you can expect to achieve. Specific security charts used are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. This content is also not a research report and is not intended to serve as the basis for any investment decision. The information contained in this article does not purport to be a complete description of the securities, markets, or developments referred to in this material. Moomoo and its affiliates make no representation or warranty as to the article's adequacy, completeness, accuracy or timeliness for any particular purpose of the above content. Furthermore, there is no guarantee that any statements, estimates, price targets, opinions or forecasts provided herein will prove to be correct.
Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., investment products and services on Moomoo are offered by Moomoo Financial Inc., Member FINRA/SIPC.
TradingView is an independent third party not affiliated with Moomoo Financial Inc., Moomoo Technologies Inc., or its affiliates. Moomoo Financial Inc. and its affiliates do not endorse, represent or warrant the completeness and accuracy of the data and information available on the TradingView platform and are not responsible for any services provided by the third-party platform. IBM Rose 50%+ in Weeks, Then Retreated. What Its Chart Says NowIBM NYSE:IBM has pulled back some 15% in recent days after rising 50%+ to a record high in less than two weeks on word the Trump administration will give "Big Blue" $1 billion to develop quantum-computing chips. Let's see what IBM's chart and fundamentals say could happen from here.
IBM's Fundamental Analysis
IBM shot up 12.4% on May 21 alone after the U.S. Commerce Department announced nine letters of intent to provide American firms with more than $2 billion in incentives to build out of a domestic quantum-computing supply chain.
Quantum computers are new devices under development that would use the physics principles of quantum mechanics to operate much faster than traditional computers do.
Commerce plans to give IBM $1 billion -- or roughly half of the total money, which is coming from funds set aside under former President Joe Biden's 2022 CHIPS and Science Act.
IBM intends to use the funds (and $1 billion of its own money) to launch "Anderon," America's first pure-play quantum-computing-chip foundry.
The Commerce Department is also providing up to $375 million in funding per company to D-Wave NYSE:QBTS , Rigetti NASDAQ:RGTI , Quantinuum NASDAQ:QNT , Infleqtion NYSE:INFQ , GlobalFoundries NASDAQ:GFS and four other smaller, privately held quantum-computing companies. (The U.S. government will receive non-controlling equity stakes in some of them in exchange.)
Meanwhile, IBM also recently announced a separate $10 billion commitment over the next five years to further develop its quantum-computing offerings. (To date, IBM has deployed more than 90 quantum systems.)
And a few days after the Commerce Department's funding announcement, Big Blue and its Red Hat subsidiary unveiled Project Lightwell, a $5 billion commitment to create a new clearinghouse for open-source software with a new-frontier AI model. This project will require more than 20,000 engineers to help enterprises secure open-source software.
IBM's Technical Analysis
All of those seemingly positive catalysts sent IBM's stock rising sharply between mid-May and early June. Here's the stock's chart going back some six months and running through Monday morning:
Readers will first see that after falling out of bed late this past winter, IBM's shares developed a rectangle pattern over the following three-month period. Marked with three black lines in the chart's center, this pattern had a $258 apparent pivot.
IBM then broke out of this pattern in mid-May in response to all of the quantum-computing news. And in doing so, the stock took back its 21-day Exponential Moving Average (or "EMA," marked with a green line), its 50-day Simple Moving Average (or "SMA," denoted by a blue line) and its 200-day SMA (the red line).
Looking at the above chart's other technical indicators, IBM's Relative Strength Index (the gray line at the chart's top) is still quite robust, but has come off of a technically overbought level.
Similarly, the stock's Moving Average Convergence Divergence indicator (or "MACD," marked with blue bars, a black line and a gold line at the chart's bottom) has a lot of bullish momentum.
For instance, the histogram of the 9-day EMA (the blue bars) is now well into bullish territory. And at the same time, the 12-day EMA (the black line) is holding its ground above the 26-day EMA (the gold line). That's bullish as well.
What if we strip away the above rectangle pattern? Let's take a look:
In this view, we see that IBM has developed a bullish-looking cup-with-handle pattern, albeit one that's a little lopsided.
(Moomoo Technologies Inc. Markets Commentator Stephen "Sarge" Guilfoyle was long IBM at the time of writing this column.)
This article discusses technical analysis, other approaches, including fundamental analysis, may offer very different views. The examples provided are for illustrative purposes only and are not intended to be reflective of the results you can expect to achieve. Specific security charts used are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. This content is also not a research report and is not intended to serve as the basis for any investment decision. The information contained in this article does not purport to be a complete description of the securities, markets, or developments referred to in this material. Moomoo and its affiliates make no representation or warranty as to the article's adequacy, completeness, accuracy or timeliness for any particular purpose of the above content. Furthermore, there is no guarantee that any statements, estimates, price targets, opinions or forecasts provided herein will prove to be correct.
Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., investment products and services on Moomoo are offered by Moomoo Financial Inc., Member FINRA/SIPC.
TradingView is an independent third party not affiliated with Moomoo Financial Inc., Moomoo Technologies Inc., or its affiliates. Moomoo Financial Inc. and its affiliates do not endorse, represent or warrant the completeness and accuracy of the data and information available on the TradingView platform and are not responsible for any services provided by the third-party platform. Micron Hit an All-Time High, Then Fell. What Does Its Chart Say?Micron Technology NASDAQ:MU fell some 6% Thursday morning after rising nearly 1,000% over 12 months, taking the stock to an all-time intraday high earlier this week. Let's check out what its chart and fundamentals say could happen next.
Micron's Fundamental Analysis
MU sank Thursday is sympathy with a decline for Broadcom NASDAQ:AVGO on poorly received earnings.
But prior to that, the stock gained almost 20% just on May 26 after UBS analyst Timothy Arcuri boosted his MU price target all the way up to $1,625 from a previous $535 (while reiterating the stock's "Buy" rating).
Arcuri wrote in a research note that he believes Micron can benefit from long-term memory-supply agreements that will likely lock in transparency on both pricing and demand across much of the memory/storage industry space.
The analyst said that increases the probability of Micron seeing significantly larger earnings and free cash flow through 2029 as AI-driven structural changes improve the memory/storage space's durability and stability.
Of course, MU could face numerous headwinds -- slower-than-anticipated adoption, massive capital expenditures, etc.
But Arcuri's large price-target boost helped push MU up 19.3% on May 26, with the stock gaining 45% in total over seven sessions to a $1,089.29 intraday record high on Wednesday.
True, his price target is way above the $860.24 average as of Thursday from among the 30 analysts that TipRanks says cover Micron.
However, TipRanks not only grades Arcuri at five stars out of a possible five, but also rates him as the No. 2 analyst out of all 12,268 that the service follows. TipRanks lists Arcuri's success rate over the past two years at an almost incredible 86%, with a stunning 99.4% average return.
And since Arcuri boosted Micron's price target, nine other sell-side analysts that TipRanks rates at five stars have either adopted or reiterated "Buy" or buy-equivalent ratings for the stock. Seven of them also increased their MU price targets by hundreds of dollars.
Micron's Technical Analysis
Next, let's look at MU's year-to-date chart running through Wednesday afternoon (June 3):
This chart shows that Micron has enjoyed a long upward-sloping trend, as illustrated by a Raff Regression model (the orange-and-pink shaded area above).
Within that uptrend, readers will spot a basing period of consolidation that stretches from mid-January 2026 into late April.
Marked with heavy black lines above, this pattern is also known as a "flat base" and indicates that a stock isn't moving much in either direction. Of course, not moving "much" is relative, as MU traded between about $350 and $500 during this period.
However, Micron broke out of the flat base anyway in late April and for the most part hasn't stopped rising since.
The stock has enjoyed support for all of 2026 to date above three key lines. MU has remained well above its 21-day Exponential Moving Average (or "EMA," marked with a green line), its 50-day Simple Moving Average (or "SMA," denoted by a blue line) and its 200-day SMA (the red line).
This has likely kept portfolio managers and swing traders in the stock throughout the year-to-date period.
Moving on to the other technical indicators listed above, Micron's Relative Strength Index (the gray line at the chart's top) remains quite robust and has re-entered an extremely overbought condition.
Meanwhile, the stock's daily Moving Average Convergence Divergence indicator (or "MACD," marked with blue bars, a black line and a gold line at the chart's bottom) has renewed a bullish look since Arcuri's price-target adjustment.
For instance, the histogram of the 9-day EMA (the blue bars) has moved quite decisively back into positive territory -- a positive signal.
Additionally, the 12-day EMA (the black line) has crossed back above the 26-day EMA (the gold line). That's also bullish.
(Moomoo Technologies Inc. Markets Commentator Stephen "Sarge" Guilfoyle was long MU at the time of writing this column.)
This article discusses technical analysis, other approaches, including fundamental analysis, may offer very different views. The examples provided are for illustrative purposes only and are not intended to be reflective of the results you can expect to achieve. Specific security charts used are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. This content is also not a research report and is not intended to serve as the basis for any investment decision. The information contained in this article does not purport to be a complete description of the securities, markets, or developments referred to in this material. Moomoo and its affiliates make no representation or warranty as to the article's adequacy, completeness, accuracy or timeliness for any particular purpose of the above content. Furthermore, there is no guarantee that any statements, estimates, price targets, opinions or forecasts provided herein will prove to be correct.
The Analyst Ratings feature comes from TipRanks, an independent third party. The accuracy, completeness, or reliability cannot be guaranteed and should not be relied upon as a primary basis for any investment decision. The target prices are intended for informational purposes only, not recommendations, and are also not guarantees of future results.
Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., investment products and services on Moomoo are offered by Moomoo Financial Inc., Member FINRA/SIPC.
TradingView is an independent third party not affiliated with Moomoo Financial Inc., Moomoo Technologies Inc., or its affiliates. Moomoo Financial Inc. and its affiliates do not endorse, represent or warrant the completeness and accuracy of the data and information available on the TradingView platform and are not responsible for any services provided by the third-party platform. Tesla Is Down 15%+ Since December. What Its Chart Says HereTesla NASDAQ:TSLA has fallen more than 15% since hitting an all-time high in December even as the electric-vehicle and energy-storage giant beat analysts' revenue and earnings estimates for its latest quarter. What does TSLA's fundamental and technical analysis say?
Tesla's Fundamental Analysis
TSLA released fiscal Q1 results back on April 22, reporting $0.41 in adjusted earnings per share on $22.4 billion of revenue.
The firm's top and bottom lines both beat analyst estimates, with revenues up 15.8% year over year and adjusted EPS growing 51.9% from Q1 2025.
Gross profit likewise rose 50% y/y to $4.72 billion, while gross margin grew 478 basis points to 21.1%.
Meanwhile, operating income popped an astounding 136% to $941 million, while free cash flow exploded 117% upwards to $1.44 billion.
All in all, it was a very good quarter for Tesla at a time when the firm really needed one because its share price had been struggling.
Shares have bounced back about 8.5% from where they closed right before the numbers came out. However, that hasn't been enough to turn Tesla's performance positive for the year-to-date timeframe (where TSLA is off some 6%).
Now let's take a technical look at Tesla's technicals, shall we?
Tesla's Technical Analysis
Here's TSLA's chart going back some nine months and running through Monday morning (June 1):
Readers will first see that Tesla developed a double-top pattern of bearish reversal back in autumn. This set-up worked at first, as Tesla fell until late November.
The stock then rose to an all-time high in December before entering a downward-sloping trend, illustrated here by a Raff Regression model (the orange and pink shading in the chart's center).
But perhaps most importantly, Tesla next developed what looks like an inverse head-and-shoulders pattern from March into May. Marked with thick green diagonal lines and green boxes at the chart's right, this is a pattern of bullish reversal. TSLA broke out of this pattern, but then lost steam.
All of this would still be a generally bullish set-up except for the fact that another double-top pattern of bearish reversal could be forming at the chart's extreme right.
I'm not quite sure what I see here, but readers should be fully cognizant that this potentially bearish pattern might be present. If so, Tesla's apparent downside pivot could stand at around $394 (vs. the $421 TSLA was trading at Tuesday morning).
Meanwhile, TSLA is feeling around to find support at both its 200-day Simple Moving Average (or "SMA," marked with an upwardly sloping red line) and 21-day Exponential Moving Average (or "EMA," marked with a squiggly green line).
This is crucial, as losing the 200-day line would likely prompt some professional money managers to consider reducing their long-side exposure to the stock. Similarly, giving up the 21-day line could risk losing the swing crowd.
If Tesla gives up those two lines, its next indicated support level would be the stock's 50-day SMA (denoted by a blue line). That's where portfolio managers would likely decide whether to make a stand in the stock or not.
Turning to the other indicators included above, Tesla's Relative Strength Index (the gray line marked "RSI" at the top) has been resilient and has found support at the neutral line.
However, the stock's daily Moving Average Convergence Divergence indicator (the blue bars, black line and gold line marked "MACD" at the chart's bottom) is in a tougher place.
Within the MACD, the histogram of the 9-day EMA (the blue bars) has moved below zero and is sending short-term bearish signals.
Meanwhile, Tesla's 12-day EMA (the black line) has moved below it 26-day EMA (gold line). That's also a bearish signal, but perhaps less so given that both of those lines are still in positive territory.
(Moomoo Technologies Inc. Markets Commentator Stephen "Sarge" Guilfoyle had no position in TSLA at the time of writing this column.)
This article discusses technical analysis, other approaches, including fundamental analysis, may offer very different views. The examples provided are for illustrative purposes only and are not intended to be reflective of the results you can expect to achieve. Specific security charts used are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. This content is also not a research report and is not intended to serve as the basis for any investment decision. The information contained in this article does not purport to be a complete description of the securities, markets, or developments referred to in this material. Moomoo and its affiliates make no representation or warranty as to the article's adequacy, completeness, accuracy or timeliness for any particular purpose of the above content. Furthermore, there is no guarantee that any statements, estimates, price targets, opinions or forecasts provided herein will prove to be correct.
Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., investment products and services on Moomoo are offered by Moomoo Financial Inc., Member FINRA/SIPC.
TradingView is an independent third party not affiliated with Moomoo Financial Inc., Moomoo Technologies Inc., or its affiliates. Moomoo Financial Inc. and its affiliates do not endorse, represent or warrant the completeness and accuracy of the data and information available on the TradingView platform and are not responsible for any services provided by the third-party platform. Is Nuclear Firm Oklo Ready to Fire Up ... or Melt Down?Next-generation nuclear-power firm Oklo Inc NYSE:OKLO rose some 1,800% between its May 2024 market premiere and its October 2025 record high, then fell more than 75% over 5-1/2 months before rebounding some 50% since March 30. Let's see what its chart and fundamentals say could happen next.
Oklo's Fundamental Analysis
OKLO is developing small, modular nuclear reactors that aim to deliver reliable, clean and affordable energy at scale.
The firm's underlying concept is to eventually establish a national supply chain for critical isotopes, then implement advanced processes to recycle nuclear fuel into clean energy.
While Oklo has been slow to produce any actual sales revenues, investors have been scrutinizing its upside potential ever since the name began trading publicly in 2024 via a merger with a special purpose acquisition company (or "SPAC").
Next-generation nuclear power has been a hot sector in recent years because Big Techs will need lots of electricity for huge data centers that will run artificial-intelligence systems.
In fact, "Magnificent Seven" firms Alphabet NASDAQ:GOOGL NASDAQ:GOOG , Amazon NASDAQ:AMZN , Meta NASDAQ:META and Microsoft NASDAQ:MSFT have all signed deals or made investments in nuclear power to help with those efforts.
For instance, Oklo plans to start pre-construction work later this year on a 1.2-gigawatt power campus in Pike County, Ohio, to power data centers for Meta.
The stock also got a boost on May 26 when the U.S. Energy Department selected Oklo for advanced negotiations under a program to convert surplus plutonium into fuel for advanced reactors.
And earlier in May, Oklo announced a Strategic Partnership Project with the government's Idaho National Laboratory to use the lab's Prometheus AI platform to accelerate advanced reactor and system design work for the firm's own "Pluto" reactor.
Oklo's Technical Analysis
One thing's for sure, OKLO's stock has been volatile since it went public at about $10 a share via a SPAC deal.
Shares gained some 1,838% in roughly their first 17 months publicly trading, peaking at $193.84 last October before sinking to as low as $44.88 on March 30. (OKLO closed at $66.88 Friday.)
That said, the stock really hasn't strayed too far from what traders might have expected based on the company's technicals. Here's OKLO's chart going back some nine months and running through Monday morning (June 1):
Readers will first note that OKLO developed a head-and-shoulders pattern of bearish reversal in the autumn, marked with thick red links and green shading at the chart's left.
This pattern worked well, and the stock sold off of its all-time highs beginning in mid-October. But as winter melted into spring, the shares developed a falling-wedge pattern of bullish reversal, denoted by the blue lines and tan shading at the chart's center.
This produced OKLO's April rally, but that morphed into a double-top pattern of bearish reversal. Marked with thick red lines and pink shading at the chart's right, this pattern wound up generating yet another sell-off -- albeit one that wasn't very deep.
Oklo is now trying to rally back, recently recouping both its 50-day Simple Moving Average (or "SMA," denoted by a blue squiggly line) and its 21-day Exponential Moving Average (or "EMA," marked with a green line). That can get some portfolio managers and swing traders on the same side of the football and back into the stock.
Oklo's upside pivot now appears to be its 200-day SMA, which is denoted by the thin red line that's currently at about $86. (Again, the stock closed at $66.88 Friday.)
Moving on to the above chart's other technical indicators, Oklo's Relative Strength Index (the gray line marked "RSI" below the main chart) is close to neutral and not telling us all that much.
However, the stock's daily Moving Average Convergence Divergence indicator (the blue bars, black line and gold line labeled "MACD" at the chart's bottom) is still postured bearishly.
That said, the MACD looks close to flipping to bullish. For instance, the histogram of the 9-day EMA (the blue bars) is just barely negative.
In addition, Oklo's 12-day EMA (the black line) is running only a little below the 26-day EMA (the gold line) and seems to be making an attempt to cross above it. Such a move would be a bullish signal -- in fact, that's the technical pattern that I'm personally watching out for.
(Moomoo Technologies Inc. Markets Commentator Stephen "Sarge" Guilfoyle had no position in OKLO at the time of writing this column.)
This article discusses technical analysis, other approaches, including fundamental analysis, may offer very different views. The examples provided are for illustrative purposes only and are not intended to be reflective of the results you can expect to achieve. Specific security charts used are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. This content is also not a research report and is not intended to serve as the basis for any investment decision. The information contained in this article does not purport to be a complete description of the securities, markets, or developments referred to in this material. Moomoo and its affiliates make no representation or warranty as to the article's adequacy, completeness, accuracy or timeliness for any particular purpose of the above content. Furthermore, there is no guarantee that any statements, estimates, price targets, opinions or forecasts provided herein will prove to be correct.
Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., investment products and services on Moomoo are offered by Moomoo Financial Inc., Member FINRA/SIPC.
TradingView is an independent third party not affiliated with Moomoo Financial Inc., Moomoo Technologies Inc., or its affiliates. Moomoo Financial Inc. and its affiliates do not endorse, represent or warrant the completeness and accuracy of the data and information available on the TradingView platform and are not responsible for any services provided by the third-party platform. Microsoft Is Back to 2024 Levels, But Check Out These Two ChartsMicrosoft NASDAQ:MSFT hit an all-time high last July, but the software-and-cloud giant's stock is down some 14% year to date and trading all the way back at levels previously seen in February 2024. Let's see what the "Magnificent Seven" stock's chart and fundamentals say.
Microsoft's Fundamental Analysis
Microsoft last reported quarterly results after the bell on April 29, posting $4.27 in earnings per share on $82.9 billion of revenue for its fiscal Q3 ended March 31.
That easily beat the Street's expectations for both top and bottom lines, with earnings gaining 23.4% from the same period last year and revenues growing 18.3% y/y.
Microsoft Cloud-related revenue increased 29% from the year-ago period, with Intelligent Cloud sales up 30% and Azure revenues gaining 40%.
Management also projected Azure's growth rate to run at 40% again during the current quarter, as growing customer demand for all things cloud- and AI-related continue to exceed supply. (Analysts had only been modeling 37% in Azure gains for the current period.)
But despite Microsoft's better-than-expected quarterly results and forward guidance, the stock's price has lost about 1.4% in the roughly three weeks since their close on April 29 just prior to the company releasing numbers.
Let's see if MSFT's chart can tell us why.
Microsoft's Technical Analyst
Here's a look at Microsoft's technicals going back some 11 months and running through Tuesday afternoon (May 19):
What we have here looks like a battle between two technical patterns trying to push MSFT in opposite directions.
First, Microsoft hit a patch of weakness in response to a double-top pattern of bearish reversal that ran from last July through this past November (marked with red diagonal lines and pink shading at the chart's left).
But since then, the stock has reclaimed both its 50-day Simple Moving Average (or "SMA," marked by a blue) and its 21-day Exponential Moving Average (or "EMA," denoted by a green line).
That said, Microsoft has had trouble consistently holding onto the 21-day EMA. That could mean that professional managers are on board with the stock, but some swing traders have probably traded in and out of the stock rather than investing in it for the longer term.
Meanwhile, readers will also see that Microsoft appears to have formed a second double-top beginning in April, as denoted by red diagonal lines and pink shading at the chart's far right. That's a bearish signal.
In fact, the stock has run into stiff resistance at the 38.2% Fibonacci retracement level of Microsoft's October-through-late-March sell-off, as marked by gray shading at the chart's right. This would normally be a bearish technical sign as well.
However, Microsoft's Relative Strength Index (or "RSI," marked with a gray line at the chart's top) seems rather robust, as well as nowhere near being technically overbought.
Still, the stock's daily Moving Average Convergence Divergence indicator (or "MACD," denoted by blue bars, a black line and gold line at the chart's bottom) is looking a little sloppy.
For one thing, the histogram of the 9-day EMA (the blue bars) stands close to the zero bound, which is a neutral technical signal.
Nonetheless, the 12-day EMA (the black line) and 26-day EMA (the gold line) are both running above zero. That's positive technically.
Of course, the black line is running just below the gold line, which is a bearish signal. But if the black line can rise above the gold one, that would suddenly become a bullish technical sign.
Then again, check out this Microsoft chart:
What if that second double top isn't a double top at all, but rather an inverse head-and-shoulders pattern?
Marked with green lines above, this pattern indicates a $433 potential pivot point. Such a technical set-up would be overtly bullish -- and would likely allow analysts to give Microsoft higher target prices.
(Moomoo Technologies Inc. Markets Commentator Stephen "Sarge" Guilfoyle had no position in MSFT at the time of writing this column.)
This article discusses technical analysis, other approaches, including fundamental analysis, may offer very different views. The examples provided are for illustrative purposes only and are not intended to be reflective of the results you can expect to achieve. Specific security charts used are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. This content is also not a research report and is not intended to serve as the basis for any investment decision. The information contained in this article does not purport to be a complete description of the securities, markets, or developments referred to in this material. Moomoo and its affiliates make no representation or warranty as to the article's adequacy, completeness, accuracy or timeliness for any particular purpose of the above content. Furthermore, there is no guarantee that any statements, estimates, price targets, opinions or forecasts provided herein will prove to be correct.
Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., investment products and services on Moomoo are offered by Moomoo Financial Inc., Member FINRA/SIPC.
TradingView is an independent third party not affiliated with Moomoo Financial Inc., Moomoo Technologies Inc., or its affiliates. Moomoo Financial Inc. and its affiliates do not endorse, represent or warrant the completeness and accuracy of the data and information available on the TradingView platform and are not responsible for any services provided by the third-party platform. NVDA Hit Record Highs Ahead of Earning. Here's Its Chart NowNvidia NASDAQ:NVDA plans to report fiscal Q1 earnings this week at a time when shares of elite chip designer and AI king recently hit an all-time high, rising some 40% since setting their 2026 bottom in March. Let's check out the stock's fundamentals and technicals.
Nvidia's Fundamental Analysis
NVDA shed more than 20% between its October 2025 high and its March 2026 low, but then began rebounding in late March and set a $236.54 intraday record on May 14.
The stock hit a record just as Nvidia prepares to release quarterly results after the closing bell on Wednesday, with the Street currently looking for $1.78 in adjusted earnings per share on nearly $79 billion of revenue.
Numbers like that would represent a 119.8% gain in adjusted EPS when compared to the same period last year, as well as more than 78% in y/y revenue growth.
All in, 33 of the 38 sell-side analysts that I know of who track NVDA have revised their earnings estimates higher since the quarter began, while just one has reduced estimates. (Four analysts have made no changes.)
In fact, three sell-side analysts rated at five stars out of a possible five by TipRanks all chimed in positively about the stock just last week.
Christopher Rolland of Susquehanna and Aaron Rakers of Wells Fargo lifted their NVDA price target prices to $315 and $275, respectively, while Atif Malik of Citigroup reiterated his $300 target for the stock. (Nvidia was trading at about $219 on Tuesday morning.)
All three analysts also reiterated their "Buy" ratings on the stock.
Nvidia's Technical Analysis
Now let's look at NVDA's chart going back to its October peak and running through the afternoon of May 12:
Readers will see that since hitting its late October high, NVDA developed a falling-wedge pattern of bullish reversal marked with beige shading above.
However, the stock has broken out of that pattern ahead of earnings. Since late March, Nvidia has taken back its 21-day Exponential Moving Average (or "EMA," (marked with green line), its 50-day Simple Moving Average (or "SMA," denoted by a blue line) and its 200-day SMA (the red line).
Taking back these lines likely got both portfolio managers and swing traders behind the shares. With support visible at least at the 21-day line, Nvidia's $217 April 27 high became the stock's apparent pivot -- likely helping to spark the stock's current upside leg.
Moving on to the other technical indicators noted above, Nvidia's Relative Strength Index (or "RSI," marked with a gray line at the chart's top) looks positive, but hasn't entered into technically overbought territory so far.
Meanwhile, the stock's daily Moving Average Convergence Divergence indicator (or "MACD," denoted by blue bars, a black line and a gold line at the chart's bottom) is postured quite bullishly.
The histogram of the 9-day EMA (the blue bars) is back above zero, while the 12-day EMA (the black line) has crossed above the 26-day EMA (the gold line). Both of those lines are also well above zero. All of those signals are short- to medium-term bullish.
(Moomoo Technologies Inc. Markets Commentator Stephen "Sarge" Guilfoyle had no position in NVDA at the time of writing this column.)
This article discusses technical analysis, other approaches, including fundamental analysis, may offer very different views. The examples provided are for illustrative purposes only and are not intended to be reflective of the results you can expect to achieve. Specific security charts used are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. This content is also not a research report and is not intended to serve as the basis for any investment decision. The information contained in this article does not purport to be a complete description of the securities, markets, or developments referred to in this material. Moomoo and its affiliates make no representation or warranty as to the article's adequacy, completeness, accuracy or timeliness for any particular purpose of the above content. Furthermore, there is no guarantee that any statements, estimates, price targets, opinions or forecasts provided herein will prove to be correct.
The Analyst Ratings feature comes from TipRanks, an independent third party. The accuracy, completeness, or reliability cannot be guaranteed and should not be relied upon as a primary basis for any investment decision. The target prices are intended for informational purposes only, not recommendations, and are also not guarantees of future results.
Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., investment products and services on Moomoo are offered by Moomoo Financial Inc., Member FINRA/SIPC.
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Disney's Fundamental Analysis
DIS is set to unveil the firm's fiscal Q2 results after the bell on Wednesday.
The Street is looking for the entertainment and amusement-park giant to report $1.50 in adjusted earnings per share on roughly $24.85 billion of revenue. Numbers like that would represent a 3.4% gain from the $1.45 in adjusted EPS that DIS for the year-ago period, as well as roughly 5% in y/y revenue growth.
This will be CEO Josh D'Amaro's first earnings call at Disney's helm after succeeding Bob Iger in mid-March.
Iger, who will remain on Disney's board for at least the balance of 2026, first ran the company from 2005 to 2020. Then he came out of retirement in 2022 to take the top job for a second run -- albeit a less-successful one.
In fact, some say that Disney's stock (although not necessarily its business) has never really recovered from the COVID-19 pandemic and the period that followed that.
All in, 18 of the 21 sell-side analysts that I know of who track DIS have revised their earnings estimates lower since the quarter began, while zero have raised them. (Three analysts have left their numbers unchanged.) Hmm.
Disney's Technical Analysis
Next, let's look at Disney's chart going back to December and running through Thursday afternoon (April 30):
Readers will first notice that DIS ran lower from January into late March, creating a falling-wedge pattern of bullish reversal (marked with pink shading at the chart's center).
The stock broke out of that pattern and rose, peaking in mid-April and forming what's called a "flag pole" (denoted by diagonal black lines at the chart's right).
During its upward run, Disney retook its 50-day Simple Moving Average (or "SMA," marked with a blue line) and 21-day Exponential Moving Average (or "EMA," denoted by a green line).
But since then, the stock has moved sideways to lower. That's tested Disney's 50-day SMA and 21-day EMA, but those levels haven't sustainably cracked so far.
In fact, DIS has begun to form what could be a bull-flag pattern at the chart's right, as marked with a green box. That's a pattern of trend continuance (in this case, a bullish one).
Disney's 200-day Simple Moving Average (or "SMA," marked with a red line at $109.70) appears to be Disney's current pivot.
Looking at the stock's other technical indicators above, Disney's Relative Strength Index (the gray line at the chart's top) is stronger than neutral, but nowhere near being technically overbought.
However, the daily Moving Average Convergence Divergence indicator (or "MACD," marked with blue bars, a black line and a gold line at the chart's bottom) is a little shaky.
The histogram of the 9-day EMA (the blue bars) is running close to the zero-bound. That's not especially bullish."
Yes, the 12-day EMA (the black line) and the 26-day EMA (the gold line) are running well into positive territory, which is bullish.
But the two lines are right on top of one another. Seeing the gold line on top would be a bearish signal, while having the black line rise above the gold would be bullish.
The bottom line? Disney is sending mixed signals here.
The key thing going into earnings could be whether the stock can hold above its 50-day SMA (the blue line at $110 in the chart above vs. DIS's $101.31 close Monday).
Holding that line would likely keep portfolio managers invested in Disney headed into Wednesday's report.
(Moomoo Technologies Inc. Markets Commentator Stephen "Sarge" Guilfoyle had no position in DIS at the time of writing this column.)
This article discusses technical analysis, other approaches, including fundamental analysis, may offer very different views. The examples provided are for illustrative purposes only and are not intended to be reflective of the results you can expect to achieve. Specific security charts used are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. This content is also not a research report and is not intended to serve as the basis for any investment decision. The information contained in this article does not purport to be a complete description of the securities, markets, or developments referred to in this material. Moomoo and its affiliates make no representation or warranty as to the article's adequacy, completeness, accuracy or timeliness for any particular purpose of the above content. Furthermore, there is no guarantee that any statements, estimates, price targets, opinions or forecasts provided herein will prove to be correct.
Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., investment products and services on Moomoo are offered by Moomoo Financial Inc., Member FINRA/SIPC.
TradingView is an independent third party not affiliated with Moomoo Financial Inc., Moomoo Technologies Inc., or its affiliates. Moomoo Financial Inc. and its affiliates do not endorse, represent or warrant the completeness and accuracy of the data and information available on the TradingView platform and are not responsible for any services provided by the third-party platform. AMD Hit an All-Time High Ahead of Earnings. What Its Chart SaysAdvanced Micro Devices NASDAQ:AMD is set to release earnings this week at a time when the chip giant recently hit an all-time high -- up more than 60% year to date and better than 260% over 12 months. Let's see what its fundamental and technical analysis say.
AMD's Fundamental Analysis
The chip firm plans to report fiscal Q1 results after the bell on Tuesday, May 5. (That's Cinco de Mayo for those who celebrate.)
Fun fact -- CEO Lisa Su and your author both grew up in the same area of the Queens in New York City at the same time.
I didn't know her (she was a few years younger than I am), but we must have walked the same sidewalks and rode the same subways and buses. The pride of Queens, Lisa Su is.
As for AMD, the Street is looking for the company to report $1.29 in adjusted earnings per share on roughly $9.9 billion of revenue.
That would represent a 34.4% increase from the $0.96 that AMD posted in the year-ago period, while also reflecting roughly 33% in year-over-year revenue gains. It would also serve as a fifth consecutive quarter of 30%+ year-on-year sales growth for the firm.
Meanwhile, 27 of the 36 sell-side analysts that I know of who follow AMD have raised their earnings estimates since the quarter began, while only six have cut their numbers. (Three have made no changes.)
AMD's Technical Analysis
Now let's check out AMD's technicals going back to October and running through Wednesday afternoon (April 29):
Readers will first see that AMD ran sideways from October to April, creating a six-month "basing period" or "flat base" of consolidation.
Sometimes called a "rectangle pattern," this technical set-up points to a consolidation. A breakout from there could go in either direction.
That said, AMD began to rise again in early April, using its 200-day Simple Moving Average (or "SMA," marked with a red line) as consistent support going back to early March.
The stock next took back its 50-day SMA (the blue line) and 21-day Exponential Moving Average (or "EMA," denoted by a green line), then moved sharply higher as April wore on.
Shares ultimately hit an all-time high on April 24, but have run into some profit-taking since then as AMD's earnings date approaches.
Looking at the above chart's other technical indicators, AMD's Relative Strength Index (or "RSI," denoted by a gray line at the chart's top) has been technically overbought territory for more than two weeks now.
Meanwhile, the stock's daily Moving Average Convergence Divergence indicator (or "MACD," marked with blue bars, a black line and a gold one at the chart's bottom) has gone almost parabolic.
For openers, the histogram of the 9-day EMA (denoted by blue bars) is running well above the zero-bound.
Similarly, the 12-day EMA (the black line) and the 26-day one (the gold line) are also running well into positive territory -- with the black line above the gold line. All of those things are short- to medium-term bullish signals.
As long the MACD remains so positive, the RSI reading might not too significant. Let me know what you think in the comments section.
(Moomoo Technologies Inc. Markets Commentator Stephen "Sarge" Guilfoyle was long AMD at the time of writing this column.)
This article discusses technical analysis, other approaches, including fundamental analysis, may offer very different views. The examples provided are for illustrative purposes only and are not intended to be reflective of the results you can expect to achieve. Specific security charts used are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. This content is also not a research report and is not intended to serve as the basis for any investment decision. The information contained in this article does not purport to be a complete description of the securities, markets, or developments referred to in this material.
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Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., investment products and services on Moomoo are offered by Moomoo Financial Inc., Member FINRA/SIPC.
TradingView is an independent third party not affiliated with Moomoo Financial Inc., Moomoo Technologies Inc., or its affiliates. Moomoo Financial Inc. and its affiliates do not endorse, represent or warrant the completeness and accuracy of the data and information available on the TradingView platform and are not responsible for any services provided by the third-party platform. PLTR Is -30% in Six Months. Here's Its Chart Ahead of EarningsAI-cybersecurity darling Palantir Technologies NASDAQ:PLTR is down some 30% since hitting a record high in November after a two- to three-year run for the ages. Let's check out its chart and fundamentals as Palantir prepares to release earnings next week.
Palantir's Fundamental Analysis
PLTR is set to unveil fiscal Q1 results after the closing bell on Monday, May 4. (For those with an interest, that's "Star Wars Day" -- as in, "May the Fourth be with you.")
The Street is looking for the company to report $0.28 in adjusted earnings per share on roughly $1.55 billion of revenue.
That would represent a 115.4% gain from the $0.13 in adjusted EPS that Palantir posted in the year-ago period, as well as more than 74% in y/y revenue growth. It would also mark the 11th consecutive quarter of accelerating y/y sales growth for CEO Alex Karp's firm.
In fact, 18 of the 22 sell-side analysts that I know of who track PLTR have revised their earnings estimates higher since the quarter began vs. zero who've cut their numbers. (Four analysts have left their estimates unchanged.)
Palantir's Technical Analysis
Next, let's look at PLTR's chart going back some six months and running through Tuesday afternoon (April 28):
Readers will first see that Palantir sold off from late December into mid-February.
But things got interesting in the middle of that period, with PLTR developing a double-bottom pattern of bullish reversal from 2026's start into the present time. Marked with green lines and green shading in the chart above, this pattern appears to have a $162 pivot point.
However, that pivot just happens to have come at the peak of a small double-top pattern of bearish reversal that formed in the middle of the bullish double-bottom set-up. This is marked with red boxes and pink shading in the chart above.
Meanwhile, Palantir is currently fighting to retake its 21-day Exponential Moving Average (or "EMA," denoted by a squiggly green line). Similarly, the stock is also trying to recapture its 50-day Simple Moving Average (or "SMA," denoted by a blue line).
Retaking those lines would likely help get both swing traders and portfolio managers to consider increasing their long-side PLTR exposure.
That said, one technical item to watch would be Palantir's 200-day Simple Moving Average (or "SMA," marked with a red sloping line above). That line provided stiff resistance when Palantir's double-top pattern formed.
Looking at the stock's other technical indicators above, Palantir's Relative Strength Index (or "RSI," marked with a gray line at the chart's top) is truly neutral. In fact, it appears to be almost disinterested.
And at the chart's bottom, the daily Moving Average Convergence Divergence indicator (or "MACD," denoted by blue bars, a black line and a gold line) is struggling as well.
The histogram of the 9-day EMA (the blue bars) is resting just barely in positive territory, while the 12-day EMA (the black line) and 26-day EMA (the gold line) are both running below the zero-bound. Additionally, the black line is below the gold line. All of that is slightly bearish.
(Moomoo Technologies Inc. Markets Commentator Stephen "Sarge" Guilfoyle was long PLTR at the time of writing this column.)
This article discusses technical analysis, other approaches, including fundamental analysis, may offer very different views. The examples provided are for illustrative purposes only and are not intended to be reflective of the results you can expect to achieve. Specific security charts used are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. This content is also not a research report and is not intended to serve as the basis for any investment decision. The information contained in this article does not purport to be a complete description of the securities, markets, or developments referred to in this material. Moomoo and its affiliates make no representation or warranty as to the article's adequacy, completeness, accuracy or timeliness for any particular purpose of the above content. Furthermore, there is no guarantee that any statements, estimates, price targets, opinions or forecasts provided herein will prove to be correct.
Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., investment products and services on Moomoo are offered by Moomoo Financial Inc., Member FINRA/SIPC.
TradingView is an independent third party not affiliated with Moomoo Financial Inc., Moomoo Technologies Inc., or its affiliates. Moomoo Financial Inc. and its affiliates do not endorse, represent or warrant the completeness and accuracy of the data and information available on the TradingView platform and are not responsible for any services provided by the third-party platform. What Apple's Chart Says Heading Into EarningsI recently wrote about Microsoft NASDAQ:MSFT falling so far in 2026 , but fellow "Magnificent Seven" stock Apple NASDAQ:AAPL hasn't done much better -- down about 0.5% over six months. Let's look at the hardware giant's technical and fundamental analysis as Apple prepares to report fiscal Q2 results later this week.
Apple's Fundamental Analysis
Apple traded as low as $245.51 as recently as March 30 -- off 9.7% for the year -- but has recouped much of that in recent weeks. The stock closed Tuesday at $270.71, just 6.2% below its $288.62 all-time high set in December.
However, the stock might be under increased scrutiny this earnings season, as Apple recently announced that CEO Tim Cook will step down from that role in September after some 15 years and become the firm's executive chair.
John Ternus, an Apple lifer who's been running the hardware-engineering team, will become the company's new CEO.
For the firm's fiscal Q2, the Street is looking for $1.95 in earnings per share on $109.7 billion of revenue. That would represent an 18.2% gain from the $1.65 in EPS that Apple posted in the year-ago period, while also reflecting almost 15% in year-over-year revenue growth.
Such numbers would also mark Apple's second straight quarter of double-digit percentage gains for its revenues following a 15-quarter sales-growth slump.
All told, 26 of the 32 sell-side analysts that I know of who track AAPL have revised their earnings estimates higher since the quarter began, while just one analyst cut their numbers. (Five made no changes.)
Apple's Technical Analysis
Now let's look at AAPL's chart going back some eight months and running through Thursday afternoon (April 23):
Readers will first see that Apple developed a head-and-shoulders pattern of bearish reversal over 2025's final three months. The stock promptly fell in early 2026, just as that pattern (marked in purple at the chart's center) had forecast.
Shares then waffled into early March until a falling-wedge pattern of bullish reversal evolved, as denoted by tan shading at the chart's right.
This forced a technical rally that's now starting to look like a cup pattern with a $276 apparent pivot. Marked with a black curving line at the chart's right, this is bullish in nature.
However, bear in mind that this cup pattern could still develop a handle. That would still be a bullish set-up, but would mean that Apple could see sell-off ahead of any pop that moved past the apparent pivot point.
The stock has already retaken its 21-day Exponential Moving Average, or "EMA," denoted by a green line above. Apple has also reclaimed its 50-day Simple Moving Average (or "SMA," marked with a blue line). Retaking those lines generally compels both swing traders and portfolio managers to increase their long-side exposure.
Notice as well that the green line has also crossed above that blue line. This is referred to as a "swing trader's golden cross," and is often a bullish signal. However, the blue line wasn't rising at the time of the crossover, so the signal is less clear.
Moving on to the other technical indicators noted above, Apple's Relative Strength Index (the gray line at the chart's top) is healthy and nowhere near entering technically overbought territory.
Meanwhile, the stock's daily Moving Average Convergence Divergence indicator (or "MACD," marked with blue bars, a black line and a gold one at the chart's bottom) is looking very bullish.
The histogram of the 9-day EMA (the blue bars), the 12-day EMA (the black line) and the 26-day EMA (the gold line) are all running above the zero-bound.
Additionally, the black line is running significantly above the gold line. That all adds up to a short- to medium-term bullish signal.
(Moomoo Technologies Inc. Markets Commentator Stephen "Sarge" Guilfoyle had no position in AAPL at the time of writing this column.)
This article discusses technical analysis, other approaches, including fundamental analysis, may offer very different views. The examples provided are for illustrative purposes only and are not intended to be reflective of the results you can expect to achieve. Specific security charts used are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. This content is also not a research report and is not intended to serve as the basis for any investment decision. The information contained in this article does not purport to be a complete description of the securities, markets, or developments referred to in this material. Moomoo and its affiliates make no representation or warranty as to the article's adequacy, completeness, accuracy or timeliness for any particular purpose of the above content. Furthermore, there is no guarantee that any statements, estimates, price targets, opinions or forecasts provided herein will prove to be correct.
Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., investment products and services on Moomoo are offered by Moomoo Financial Inc., Member FINRA/SIPC.
TradingView is an independent third party not affiliated with Moomoo Financial Inc., Moomoo Technologies Inc., or its affiliates. Moomoo Financial Inc. and its affiliates do not endorse, represent or warrant the completeness and accuracy of the data and information available on the TradingView platform and are not responsible for any services provided by the third-party platform. Microsoft Is Down Some 12% YTD. What Can Its Chart Tell Us?Microsoft NASDAQ:MSFT is set to report earnings this week at a time when the "Magnificent Seven" stock is down by double digits in percentage terms year to date. Let's see what its chart and fundamentals are saying.
Microsoft's Fundamental Analysis
While MSFT has rallied along with the broader market so far in April, 2025's second half wasn't kind to Microsoft bulls -- and 2026 hasn't been so far, either.
As I write this, the tech giant's stock is down some 12% year to date vs. a 4% gain for the S&P 500.
The red ink comes as the firm prepares to report fiscal Q3 results after the bell on Wednesday, with the Street looking for $4.07 in adjusted earnings per share on $81.4 billion of revenue.
Numbers like that would represent a 17.6% increase from the $3.46 in adjusted EPS that MSFT posted in the year-ago period, as well as more than 16% of year-over-year revenue growth.
If those forecasts prove accurate, the numbers would represent Microsoft's fourth consecutive quarter of 16% or better y/y revenue gains since the firm exited an early 2025 sales-growth slump.
All in, 23 of the 29 sell-side analysts that I know of to track MSFT have revised their earnings estimates higher since the quarter began, while the remaining six have reduced their estimates.
Microsoft's Technical Analysis
So, is it time to re-engage with MSFT? Let's go to its chart, running back some 12 months through last Wednesday afternoon (April 22):
Readers will first note that Microsoft saw a double-top pattern of bearish reversal this past summer and autumn, as marked by two red boxes at the chart's left and center. As would be expected with this pattern, the stock sold off beginning around November.
Since then, MSFT appears to be in the process of developing a cup pattern with a $484 indicated pivot point, as marked with a black curving line at the chart's right. This is a bullish technical sign.
Should the cup pattern evolve into a cup-with-handle one, Microsoft's indicated pivot point would shift from the cup's left-side apex ($484 in the chart above) to its right-side one (about $431). (By way of reference, MSFT closed Monday at $424.82.)
Meanwhile, Microsoft recently reclaimed its 21-day Exponential Moving Average, or "EMA," marked with a green line. It also recently retook its 50-day Simple Moving Average (or "SMA," denoted by a blue line).
Crossing those lines generally compels both swing traders and portfolio managers to increase their long-side exposure.
Microsoft also recently enjoyed a so-called "swing trader's golden cross," where the green line crossed above the blue line at a time when the blue line was rising. That's a bullish technical signal.
However, the stock has also faced a spate of resistance (which could develop into a handle) at a precise 38.2% Fibonacci retracement of the stock's October-through-March beat-down. That's intriguing.
Looking at the chart's other technical indicators, Microsoft's Relative Strength Index (the gray line at the top) is now quite robust, straddling the line between being technically overbought and just flirting with that level.
Meanwhile, the stock's daily Moving Average Convergence Divergence indicator (or "MACD," marked with blue bars, a black line and a gold one at the chart's bottom) is almost as bullish-looking as it can get.
The histogram of the 9-day EMA (the blue bars), the 12-day EMA (the black line) and the 26-day EMA (the gold line) are all running above the zero-bound -- with the black line well above the gold line. Those are all short- to medium-term bullish signals.
(Moomoo Technologies Inc. Markets Commentator Stephen "Sarge" Guilfoyle had no position in MSFT at the time of writing this column.)
This article discusses technical analysis, other approaches, including fundamental analysis, may offer very different views. The examples provided are for illustrative purposes only and are not intended to be reflective of the results you can expect to achieve. Specific security charts used are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. This content is also not a research report and is not intended to serve as the basis for any investment decision. The information contained in this article does not purport to be a complete description of the securities, markets, or developments referred to in this material. Moomoo and its affiliates make no representation or warranty as to the article's adequacy, completeness, accuracy or timeliness for any particular purpose of the above content. Furthermore, there is no guarantee that any statements, estimates, price targets, opinions or forecasts provided herein will prove to be correct.
Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., investment products and services on Moomoo are offered by Moomoo Financial Inc., Member FINRA/SIPC.
TradingView is an independent third party not affiliated with Moomoo Financial Inc., Moomoo Technologies Inc., or its affiliates. Moomoo Financial Inc. and its affiliates do not endorse, represent or warrant the completeness and accuracy of the data and information available on the TradingView platform and are not responsible for any services provided by the third-party platform. Amazon Is +30% in Two Months, But Check Out These Two Charts Amazon NASDAQ:AMZN has risen some 30% in some two months after hitting a near-term low in February and is up roughly 50% over 12 months, handily beating the S&P 500 SP:SPX . Let's check out its technicals and fundamentals as the tech giant prepares to report earnings next week.
Amazon's Fundamental Analysis
Amazon is getting ready to release Q1 results after the bell next Wednesday, with the Street's consensus looking for $1.65 in earnings per share on about $177.2 billion of revenue generation.
Should the actual results look like these expectations, that would represent a 3.8% gain from the year-ago period's $1.59 in EPS, as well as almost 14% in y/y revenue growth.
However, Wall Street doesn't appear to be all that confident about just how solid Amazon's quarter actually was.
In fact, 23 of the 46 sell-side analysts that I know of who track the company have revised their earnings estimates lower since the period began. Only four have revised those numbers higher. (Nineteen have left their estimates unchanged.)
Amazon's Technical Analysis
Now let's go to AMZN's charts, starting with one that goes back some six months and runs through Tuesday afternoon (April 22):
Amazon hit a $258.60 all-time intraday high in November (the chart's left side) before falling 24.2% to a $196 near-term bottom in February.
This developed into a double-bottom pattern of bullish reversal, indicating a $220 apparent pivot point (and marked with green jagged lines at the chart's right). That pattern produced a rebound in the stock that began in late March and appears to remain intact so far.
Meanwhile, Amazon's Relative Strength Index (the gray line marked "RSI" at the chart's top) has moved into and maintained a technically overbought posture for almost two weeks now.
In addition, the stock's daily Moving Average Convergence Divergence indicator (or "MACD," denoted by blue bars and black and gold line's at the chart bottom) is set up quite bullishly.
For example, the histogram of the stock's 9-day Exponential Moving Average (or "EMA," marked with blue bars) is well into positive territory. So are both the 12-day EMA (the black line) and 26-day EMA (the gold line).
In fact, the most bullish signal on this chart is the fact that the 12-day line is running above the 26-day line, with both holding above the zero-bound.
Now let's step back and take a look at Amazon's chart going back some 11 months:
This timeframe shows that AMZN has built a flat-base or giant-rectangle pattern that goes back the better part of a year (marked with tan shading above).
The rectangle's top represents Amazon's $258.60 November all-time high, which is also the stock's apparent pivot in this chart. Moving past and holding that pivot would be a bullish signal.
Still, understand that there's some risk of a double-top pattern of bearish reversal taking hold at these levels should the above apparent pivot serve as resistance. Of course, there's also a chance that the stock will see a re-energized breakout.
(Moomoo Technologies Inc. Markets Commentator Stephen "Sarge" Guilfoyle was long AMZN at the time of writing this column.)
This article discusses technical analysis, other approaches, including fundamental analysis, may offer very different views. The examples provided are for illustrative purposes only and are not intended to be reflective of the results you can expect to achieve. Specific security charts used are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. This content is also not a research report and is not intended to serve as the basis for any investment decision. The information contained in this article does not purport to be a complete description of the securities, markets, or developments referred to in this material. Moomoo and its affiliates make no representation or warranty as to the article's adequacy, completeness, accuracy or timeliness for any particular purpose of the above content. Furthermore, there is no guarantee that any statements, estimates, price targets, opinions or forecasts provided herein will prove to be correct.
Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., investment products and services on Moomoo are offered by Moomoo Financial Inc., Member FINRA/SIPC.
TradingView is an independent third party not affiliated with Moomoo Financial Inc., Moomoo Technologies Inc., or its affiliates. Moomoo Financial Inc. and its affiliates do not endorse, represent or warrant the completeness and accuracy of the data and information available on the TradingView platform and are not responsible for any services provided by the third-party platform.
