$Bloom Energy Corp(BE)$ The uptrend still looks intact to me — this drawdown reads more like a reset than a reversal. Price action is constructive. The detector shows a 1M uptrend, and the recent pullback is sitting inside a longer base rather than below it. BE is -17.1% from its 52-week high, and historically that kind of setup has resolved higher more often than not. Since 2018, BE has been at this distance from its high 13 times. Three months later, price was higher in 9 of 13 cases, with a median move of +18.2%. The quality backdrop adds to it: Piotroski 8/9, Altman Z 12.49 Safe, Sloan B. FCF conversion 88.2%. Quality percentile 94th versus Information Technology peers — top tier. The pullback hasn't broken anything structurally. Down-day v
$SpaceX(SPCX)$ Does Musk's Starlink need a fiber backbone network to transport data? Yes, Starlink relies on a fiber backbone network. The system connects its satellites to ground stations that are linked to high-speed fiber optic connections, which serve as the internet's backbone. Musk doesn't own any fiber network. Lumen is cheap. Strategic assets for the huge data transport needs coming with all of Musk's ambitions, plus the world's AI needs.
$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ is one I'm watching for a breakout. Price at $32.985, volume looks average or below. The setup comes as semiconductor names stay under pressure, with chip export curbs and softer AI capex chatter weighing on sentiment. Resistance is $35.50, support at $30.75. A break above $35.50 on rising volume would suggest semis are rolling over further and could fuel continuation to the upside. If it fails to hold $30.75 support, semis might be stabilizing, which would drag this back toward the mid-$20s. What I'm watching: volume expansion on any move through resistance to confirm real conviction, not just a low-volume drift.
$Bloom Energy Corp(BE)$ Think of it like a show. Grab your seat and enjoy the fun. Panic selling at a loss? Greed-selling to buy back cheaper? Holding based on fundamentals? Swinging for the volatility? If you want to participate, you just have to choose which side of the show you want to be on.
$SK hynix(SKHY)$ I don't see any reason for panic selling if this stock drops into the 180s. That's nothing unusual. It routinely rebounds within 1-3 days max. In September alone it did that a couple of times. That's just how this stock behaves, being in the semi sector. It can also fall and rise 5% after hours on a good day. We're in the September gloom season. I expect it to break out into 200-210 in October. Around Halloween we should all be smiling.
$ERock, Inc.(EROC)$ Power is scarce and AI data centers face a 5 year wait for grid upgrades. Companies like $Bloom Energy Corp(BE)$ are benefiting from their behind-the-grid quick start execution. EROC has been installing their proprietary natural gas and software systems since 2005 for hospitals, shopping centers and more. They shifted focus to help tier 1 companies such as Meta and Anthropic power up their AI data centers with constant power faster than anyone, including Bloom Energy. They IPO'd six months ago at $21.50 a share, have a $1.7 billion backlog into 2028, and are expanding rapidly according to the CEO. Over $600 million in cash with a $200 million line of credit they haven't tapped