Fortinet (NASDAQ: FTNT) resumed its bullish trend and broke to new all-time highs. Today, we dive into its weekly technical chart. Our analysis explores the Elliott Wave structure and projected target for the current cycle. Looking at Fortinet’s weekly chart, the stock ended a major three-wave correction in wave (II). This bottom occurred in 2023 at $44. Then, a new bullish cycle began. FTNT rallied within wave I, peaking at 114. Subsequently, wave II corrected lower to 70. From there, the stock resumed its rally within wave III. This established a nesting structure from the lows. The strong third wave is currently unfolding as the stock is accelerating to the upside after breaking above its 2025 peak. It should extend higher through a series of third and fourth waves. Fortinet h
Lumentum is no longer just an “index inclusion trade.” The Nasdaq-100 addition accelerated flows, but the real debate now is whether the company deserves to remain valued as a structural AI infrastructure winner after passive buying fades. The bullish case is still fundamentally credible: AI clusters are increasingly bandwidth-constrained, pushing hyperscalers toward optical interconnects and photonics solutions. Lumentum’s recent results showed ~90% YoY revenue growth with expanding operating margins, suggesting this is not purely speculative narrative inflation. NVIDIA’s strategic investment and partnership materially strengthened the market’s confidence that LITE sits inside the next-generation AI networking stack. But the stock is now entering a harder phase: Index in
IREN Forecast: Signals Pullback Before Major Rally
IREN Limited operates in integrated data center business in Australia & Canada. It owns & operates computing hardware as well as electrical infrastructure & data centers. It also mines Bitcoin. It comes under Financial Services sector & trades as “IREN” at Nasdaq. IREN favors upside against December-2022 low & expect higher against 3.30.2026 low. It favors ((2)) correction in 3, 7 or 11 swings against March-2026 low before continue higher, while above $30.76 low. In weekly, it made all time low at $1.02 on 12.28.2022. Above there, it ended (I) impulse at $76.87 high in November-2025 & (II) at $30.76 low. Within (I), it placed I at $15.92 high, II at $5.13 low, III at $74.15 high, IV at $48.20 low & finally V at $76.87 high. It ended the (II) in double three pull
The short‑term Elliott Wave view in Silver (XAGUSD) indicates a constructive bullish sequence after the break above the April 17 peak at 83.05. That move confirmed a higher‑high structure and reinforced the upward bias. From the April 30 low, the rally has unfolded as a five‑wave impulse, a classic Elliott Wave formation that often signals continuation of strength. Wave (i) advanced to 76.96, while the corrective pullback in wave (ii) found support at 72.16. Momentum then carried the metal higher in wave (iii), reaching 82.12. A modest retracement in wave (iv) concluded at 78.08, preserving the integrity of the bullish sequence. The structure now points toward one final leg higher to complete wave (v). This move should also finalize wave ((i)) of a larger degree, setting the stage for a co
I see space stocks as the next AI infrastructure trade, since AI will need satellite networks, connectivity, and defense integration. Among them, $Rocket Lab USA, Inc.(RKLB)$ looks strongest to me because backlog growth, improving profitability, and the Neutron catalyst show real execution. The main debate now is valuation after the huge rally. For $AST SpaceMobile, Inc.(ASTS)$ , the direct-to-cell opportunity is huge, but commercialization still takes time. A -10% drop alone is not enough for me to chase aggressively, though I would consider slowly accumulating if launch execution improves. I also think the market may underestimate SpaceX Terafab. If SpaceX expands deeper into AI-space infrastructure, t
$Hims & Hers Health Inc.(HIMS)$$Novo-Nordisk A/S(NVO)$ $Eli Lilly(LLY)$ 💊📉🔥 $HIMS Just Lost Its Highest-Margin Growth Engine 🔥📉💊 $HIMS is getting punished after its GLP-1 cash cow hit a wall. The company’s pivot away from compounded Wegovy copycats toward branded $NVO and $LLY therapies just detonated profitability, crushed margins, and exposed how dependent the growth story had become on one exceptionally lucrative category. The market reaction says it all. 🔴 EPS: -$0.40 vs Est. $0.03 🔴 Revenue: $608.1M vs Est. $616.9M 🔴 First quarterly loss in 3 years 🔴 Gross Margin: 65% vs 73% YoY 🔴 U.S. Revenue: -8% YoY 🔴 Stock slammed double digits p
$AST SpaceMobile, Inc.(ASTS)$ AST SpaceMobile: Solid Progress, But Not the Blowout the Market Expected! $ASTS fell around 10% after earnings because investors were hoping for a major commercial announcement, a significant increase to guidance, or an unexpected acceleration in the business after the stock’s strong run-up into the report. In my view, this was a solid progress quarter, even if it did not meet the market’s elevated short-term expectations. Investors should not let the post-earnings price action create a negative narrative that the fundamentals do not support. Key highlights from the quarter: • Reaffirmed the goal of having 45 satellites in orbit by the end of 2026 • Confirmed BlueBird satellites 8
SpaceX IPO and 3 ETFs to consider: DXYZ, ROKT & ARKX 🌟🌟🌟For decades we have looked at the stars as a distant dream but with the SpaceX IPO ready to be launched in June 2026, that dream is becoming a reality. This isn't just another stock listing. It is an emotive milestone for mankind, reopening the path to the Moon and Mars. The SpaceX Coronation: A New Industrial Era SpaceX is a much anticipated IPO, set to debut on the Nasdaq as early as June 2026. This will be the largest IPO in history. The Valuation: Reported to be targeting up to USD 2 trillion, fueled by its merger with xAI to build orbital AI data centres. The "Retail" Promise: Elon Musk has indicated up to 30% of the IPO will be allocated to retail investors, offering a historic entry point
⚠️ Why $FLNC Crashed: The Market Is Pricing In a Massive Future Supply Pipeline
The bigger concern for $Fluence Energy, Inc.(FLNC)$ is not just the 20M share sale — it’s the shelf registration tied to ~117.7M shares eligible for future resale. Important:This does NOT mean 117.7M shares are being dumped immediately. But it means the SEC registration is now active, allowing existing holders to gradually sell shares into the market later without needing a new filing each time. Estimated impact: • Current public float before deal: ~97M shares • 117.7M registered shares = ~121% of existing float That’s why traders call this a “massive overhang.” Market interpretation: • Near-term 20M offering already increases float by ~20.6% • Full registered resale capacity is actually larger than the entire previous public float Even if o
Bull Put Spread To Catch RKLB In A Space Sector Divergence
The recent divergence between $Rocket Lab USA, Inc.(RKLB)$ and $AST SpaceMobile, Inc.(ASTS)$ highlights a shift in investor sentiment from "speculative hype" to "fundamental execution." While both operate in the space sector, their underlying business models are currently moving in opposite directions based on their May 2026 earnings results. The Nature of the Divergence The divergence is primarily driven by revenue reliability versus execution risk: Buying Opportunities in a Divergent Sector This divergence does create opportunities, but they require distinct tactical approaches: 1. The "Fundamental Anchor" Play (RKLB) Rocket Lab is increasingly viewed as the "diversified" space play. With high-margin Sp
RKLB is not quite the “SanDisk of space”. The bottleneck narrative is similar, but SanDisk had proven cash flows. Rocket Lab USA, Inc. (RKLB) is still scaling. At ~US$45–50B vs ~US$600M revenue, valuation already prices in strong execution. It is one of the few credible space players, but upside now depends heavily on Neutron and defence growth. AST SpaceMobile, Inc. (ASTS) after -10% is not automatically cheap. It remains pre-scale, with delays and weak earnings. Treat it as venture-style. Only buy small if you believe in long-term execution. Terafab looks like a Musk-style moonshot. Strategically logical, but extremely capital intensive. Likely cash-burning near term, with uncertain timelines.
Micron Technology (MU) still has a strong structural bull case. HBM is effectively sold out into 2026–2027, hyperscaler AI capex remains aggressive, and memory is shifting from “commodity” toward strategic infrastructure. That is why analysts are talking about a “virtuous cycle” instead of a normal DRAM boom-bust phase. But after a near-parabolic move toward $800, risk/reward is no longer clean. Options markets are already pricing large swings, and psychologically round numbers often attract profit-taking. Personally: Long-term investor → scaling in slowly still makes sense. Short-term trader → chasing here feels late unless momentum stays extreme. $770 support is more attractive because it gives better downside control while still respecting the AI memory thesis. If MU loses t
My stock in focus today is $Ambiq Micro(AMBQ)$ after the company posted strong Q1 results driven by rising edge AI demand. Revenue surged 59% YoY to $25.1M, beating expectations, while losses also came in better than forecast. The stock jumped 45% despite a broad selloff across semiconductor names. What stands out is the rapid adoption of edge AI, with over 80% of Ambiq’s shipped units now running AI algorithms. Its ultra-low-power chips are being used in smartwatches, industrial sensors, smart-home devices, and other connected products, positioning the company well for the next wave of AI growth. Management also guided Q2 revenue above Wall Street estimates, showing momentum remains strong. While profitability is still some distance away, invest
$Sea Ltd(SE)$ $Sea Ltd (SE) Soared +13.14%: Strong Earnings Ignite Bullish Momentum, Eyes on $100+ 🚀 Latest Close Data 📊 Closed at $96.02 (USD) on 2026-05-13, surging +13.14% ($11.15). The stock is now ~51.8% below its 52-week high of $199.30. Core Market Drivers ⚙️ The explosive rally was fueled by a stellar Q1 2026 earnings report, released on May 12th. Revenue surged 46.6% YoY to $7.1B, with GAAP net income of $438M. The company reaffirmed its full-year guidance, boosting investor confidence. Strong performance in its digital financial services arm (Monee) and growing user base (667M quarterly active users) were key highlights. Technical Analysis 📈 The move was backed by massive volume (~15M shares, Volume Ratio: 2.90), confirming institutional i
$3D Systems(DDD)$ $3D Systems Corp(DDD) Soared +23.90%: Additive Giant Breaks Key Resistance, $3.75 Target in Sight 🚀 Latest Close Data 📊 Closed at $3.11 on 2026-05-13, surging +23.90% on massive volume. This puts it just -18.2% from its 52-week high of $3.80. Core Market Drivers 💡 The stock is riding a wave of renewed interest in the additive manufacturing (3D printing) sector. Despite a lack of company-specific news today, the strong pre-market ($2.90) and after-hours ($3.07) activity suggests significant speculative and momentum-driven buying, likely tied to broader tech/industrial rotation. Technical Analysis 📈 Volume: Explosive at 25.95M shares, with a Volume Ratio of 7.59, confirming a powerful breakout. RSI (6, 12, 24): All surged into overb