$QCOM Bottoming, $COHR Up 30%, $AMD Tests Resistance
$Qualcomm(QCOM)$ is finding solid support at a key Smart Money level, with the technical structure suggesting a potential bottom is forming.
As long as this support holds, the risk/reward profile continues to improve.
$Duolingo, Inc.(DUOL)$ has fallen nearly 80% over the past year and is now rebounding from a Smart Money discount zone on the monthly chart.
After such an extended redistribution phase, recoveries often take 18–24 months to return to prior highs. For long-term investors, this is the type of valuation area worth paying attention to.
$Palantir Technologies Inc.(PLTR)$ is approaching a decisive technical level. This is where the market will likely determine whether the recent earnings rally develops into a sustained breakout or becomes another rejection.
The next move should provide much clearer direction.
$Coherent(COHR)$ has rallied more than 30% since first being highlighted for subscribers.
While a short-term pullback would not be surprising after such a strong advance, the larger technical picture remains constructive, with both the long-term structure and Bull Cycle still firmly intact.
$Advanced Micro Devices(AMD)$ has rallied back into a major resistance zone. If buyers can reclaim and hold above this level, the door opens for another accelerated leg higher.
Failure to break through could lead to a period of consolidation before the next attempt.
One community member recently captured a 130% gain on $Microsoft(MSFT)$ .
I've also closed my position after the recent rally and will patiently wait for a higher-probability pullback before considering a new entry.
If the stock never offers that opportunity, I'll simply move on. Protecting discipline is more important than chasing momentum.
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