Art of Speculation
Art of Speculation|Jul 30, 2026 13:51
Sentiment is warming up. Companies with strong earnings reports but were sold off are being quickly bought back. BE is up 20%, TER is up 10%, and AXTI jumped 18% after signing a long-term supply agreement with Lumentum (LITE). My SOXL orders only triggered four levels: 105, 100, 95, and 90. After-hours yesterday, it hit 90. Too bad it didn’t drop further. Sentiment and news can be deceiving, but indicators don’t lie. For example, the ones mentioned yesterday: SNDK EMA 200, AMD EMA 100, NBIS EMA 200, MU EMA 100. For these rebounds, SNDK is first targeting 1300 or even EMA 20 at 1500, AMD is aiming for 500, MU for 910, and NBIS for 200.
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