$ALABB โข Cup and handle breakout ๐
Built a cup from the August high, ran back to the rim, formed a tight handle, breaking out today.
๐ AI connectivity chips for cloud infrastructure. Q2 revenue $392.4M, up 104% YoY, adjusted EPS beat by 15.9%. Scorpio X AI fabric switches entered volume production ahead of schedule and are set to become the largest product family this quarter. PCIe 6.0 is now over half of revenue, up from a third in Q1. Q3 guided to $540-560M, 40% sequential growth.
โ Confirm close above $377.87
๐ข TP1 $436.47 (+15.5%) ยท TP2 $465 (+23.1%) ยท TP3 $490 (+29.7%)
โ Invalid close under $342 (-9.5%)
#stocks
Built a cup from the August high, ran back to the rim, formed a tight handle, breaking out today.
๐ AI connectivity chips for cloud infrastructure. Q2 revenue $392.4M, up 104% YoY, adjusted EPS beat by 15.9%. Scorpio X AI fabric switches entered volume production ahead of schedule and are set to become the largest product family this quarter. PCIe 6.0 is now over half of revenue, up from a third in Q1. Q3 guided to $540-560M, 40% sequential growth.
โ Confirm close above $377.87
๐ข TP1 $436.47 (+15.5%) ยท TP2 $465 (+23.1%) ยท TP3 $490 (+29.7%)
โ Invalid close under $342 (-9.5%)
#stocks
