The Big 3: WOLF, TEAM, HPE

when you have someone that actually cares. Welcome back to trading 360. I'm Marley Kayden. It's time f big three. Three stocks, three charts for you today. Kev Green will be taking us through the charts. And here to take us through the picks today. T and Chief Technical trainer@stockstotrade.com. Great to have you both with us, Tim.t a nice green day in the markets for your latest big three appeara After many days of what felt like opening with downward moves here,althoue ve than exp sentiment this morning. So how are you looking at theket action we've seen so fa week? Well you know I know a lot of these weof start ith that you know. And I feel like sometimes it's a littlef a Groundhog Day scenario. But you know, I look at, you know, when yo you get gative news flow and the market continues to hold up or even, you know, green, you know, I just kind of go back to what we've talked about. It's kind of the theme of 2026. The market is just so strong. The buyers continue to step in n matter what the headlines are. Obviously, you know, weo back to the beginning of the year with war and all the things that the f has done with rate rates and the bond market. I mean, it's kind of Groundhog Day scenario where all the news is either negative or, youw, maybe Ainda positive, but the mket continues to hol up. And I'm still very, very encoura by that. You know, the trend is still to the upside. I mean, here we are flirting with all time highs and pretty much all the indexes. So I still hold out for that. You know, as that news flow finally starts to pivot. And I know it will happen, the war will eventually come to end. Okay. The e, I mean, I look at a lot of the numbers, youhe, the ISM I was actually, you know, on Schwab with, you know, Nicole a year ago. And I was like, watch that. And nine straight upward prints. Like there's, I hate to use that term. We heard many, you kno about a decade ago, green shoots, there's a lot of green shoots out there. So I think once that positive news flow starts coming through, then it's just going to be off to the races because the market just shakes off any negativity.y and I think it's coming. All right. So then let's dive i your pick here. I incorrectly teased the wrong wolf ticker. You've got the wolf with the O, which is wolf speed, not Terra Wolf with the U. And it completely dif sector as well. We're talking semis. And as we look at wolf speed, I mean not one of the more did just get a conditional deal from the Department of War that gave them a nice pop. But rotation out of semis this week. They're they're some pressure. So how are you looking at them right now Tim. Yeah. I don't blame you on . Thad shared a couple times back in the spring. Probarobably I probably crossed y there, but WOF yeah. Su know this to you know, obviously semiconductor space haven't been raging like they have. But, you know, I just kind of at it like obviously, you know, the demand for chips and fabs etc. is just through the roof. So inspired by, you know, Terra Fab what Elons doing. And I'm looking at this as you know stock. I l that that chart's up there. I mean she got pretty heated b in the spring. Kind of pulled back to the previous level back in theeginning of the year. So the stock has upside. I'm curious to see what KG has breaks downn the chart. But at this point and you know and I never bring politicsnto trading. But at this point administration has pretty good record of picking winners. I mean you look at the companies that they've invested in, you know, over the last year or Intel and the others, I mean, these have been some of the most biggest r and trades. So at this point, I like the sector. And I'm just kind of like following the record the administration at this point. And if they're think it was $1.5 billion. I'm like hey, ride that trend as well. Yeah. So you were correct at $1.5 billion fng commitment from the Department of War. I mean, in looking at it from a trend perspective, there's certainly something to be used as a thesis. But KG when weook at the technicals here for Wolf speed, what are you seeing. Because it's it had a prett significant action through the end of the spring and into the summer, but appears more sideways since then. It's consolidating at this pn time. I mean, if you look at this name, it was kind of, you know, out of the spotlight o start this time last year, it actually had a trading range between around $16 to downside, let's say $22. And that actually exten for about eight months or so before we started seeing a breakout to the upside. It was a very str breakout, but unfortunately, we kind of developed this head and shoulders pattern at the at the peak here back in May. And we sf that head and shoulders pattern moving average, the 20ven the 200 day moving average. But ever since we hav making higher lows and we are seeing this level of resistance around $35 as a key area that the market hasn't really been able to kind of push through at this point in time. This looks more like a consolidation. You could even calla bear flag where we have kind of bearish trend, bearish primary trend from the highs, consolidation before potentially breaking lower. But here's some of the opt here. Higher highs on the higher lows on the RSI. That means that there is positive price momentum. MacD 12s above the 26MA it's above the zero. That's also positive as well. And we are above the 20 and 50 day moving average, leveraging the 200 day moving average as an area of support, you're looking at pretty much $36 area of resistance. then to the downside, a $25. This is a coil type of stock right now. You're going to need to have more positive news to really try to break this thing higher. And when it does gain some momentum, it does break out fairly aggressively. All right. So itjt potentially to see that next move to the upside Wolfspeed still under a little bit of pressure today we're down about 4/10 of percent. But as I just look at the SMH also down a pretty similar amount so far on the session, your next pick here is Atlassian.his is one I've been watching for a few months. Tim. We had a Tiernan Ray back during the SaaS pocalypse, and he said last was one of the names for him that was going to confirm whether the SaaSalypse was going to really kill all software or whether names were going to su And this was one of the ones he said to watch. And clearly Atlassian survived and is doing incredibly well, up 246% over the last six months. So how are you looking at Atlassian? First o all, nice to see you back. KG haven't seen you in a while, but I wonder if Rick is maybe out sick today because h didn't. He listened to Marley and didn't follow Doctor Bones ad from a week ago. But anyway, that being said, yeah Atlassian team, you know, this was one you know, this is where traders can reall thrive in these type of a markets. I mean, you look back at I mean it seems like ancient ancient history. But you know, the AI bubble, I mean remember that a year ago. And look at all those stocks. And you go back to, you know, roughly February when the SaaS apocalypseas happening and you saw all theseI mean, I mean, Atlassian just got pounded, okay. But it's just that's human emotionanic. You know, it's just that's what creates trading opportunities is the fact that, you know, humansre wildly irrational. Douglas McKay wrote an amazing book, I think, 150 years ago about this. But, know, as much as I'm a believer in AI and use AI and build my own apps to think that a company like Atlassian, that that is, you know, interspersed through the enterprise by so many companies is going to get replaced by a bunch of coders. I mean, c on, it's just not realistic. And then you see, we're all way back to the pre SaaS apocalypse lev And you know, look at that chart right there. I mean this thing just kept testing thatoughly, you know, 200 level broke out above it this week. So n look at all the people that are rationally sold because believe the SaaS apocalypse, they're probably all back buying higher, wishing they never would haved. And I think that that could continue to push the stock higher. All t.e chart then for Atlassian Ticker team and take a closer look because this one has been a bit of a wild ride throughout the last 52 weeks. What are you seeing in thehnicals. I would agree. I mean if you're kind of looking atstock a lot of lity a little bit higher beta. And I think that's why y maybe some of the e actione If you look at this ti last is year, we did have a decent consolidation range. This isafti come from previous highs as well. We had consolidation and w the 20, the 50 as well as the 200 day moving average. But we did get kind of a maybe a little bit of a V bottom. Let's call it a double bottom for the most part here, where buyers stepped in when it hit around that $56 level back in April. And we have been making higher lows ever since, which is bullish. We've been leveraging that 20 day moving average in blue as an area of support here prettyuch back since July. And we have this massive gap to theide back in August between 115 to around that 140 ish area. We have notested it yet and we continue to make higher highs. Now what istuallys compression in price action. So you are starting to see wedge patterns form form here. We actually had a break to the downside of one of them. And that was actually very recent. Back in September 25th we saw a break to the downside, but it has been able to recapture some of those price levels. And it looks like it was to be able to try to break out once again, trying to get back to those highs. That mark on the bottom there actually is bullish, does look like it wants to cross that 12 EMA above the 26 EMA. Anis actually did break lower hin which is also very good for the but there. But if we can go to the weekly chart I think perspective is very key for this one. Here you can see that it did have a falling from grace, if will. It was actually trading up to $326 back in February of 2025. And then we saw that massive pullback to the downside. I mean, you're talking over an 80% move from high to low. We are basically just getting back to a little bit of that 50% retracement level. So you can actually look at this level to the upside as your major area of resistance. That's going to be next her also on that volume profile, you can see the concentration o trades back in just a matter of 2 or 3 months. Back in early of this year, there was a significant amount of trades. We got through and chewed t a lot of that resistance. And now you can make the case once again. 230 could be up to the upside if you get a breakdown. 174 to the downside, got be able to hold. That's a 200 week moving average. And if it does not, that's where we see a more of a massive move to the downside. But this one actually looks very favorable at least over the next month or two. All right. So looking like the potential to move higher over the next month or two. But let's talk about HPEA name that we have been seeing move higher over the last month, up than 20%. A lot of infrastructure momentum behind it right now. Tim. They're also n I feel as though I've srecentl least six in the last week, a major pickup there. But how are you looki Hewlett Packard Enterprise right now? You know, this is kin simple idea. know, e lot of commentary here. I mean, you really nailed it. I mean, you look at, you know, just the the build out of data c. And, you know, I know we saw some more news about, you the revenue numut of open AI. But again, those guys are just spending money likerazy. Whether or not, you know, they can rush to the IPO and get it done i, but everybody is building infrastructures. What you know, everyone talks about the the data center, but what goes inside that? It's Dell. It's you know, it's Intel. It's it's HP Hewlett Packard. And you know, what I like about it is just the idea of a lot of these just classic American names. I mean, these are, you know, whether it b Intel or, you know, HP. I mean, they were the names of my youth, theuth, e builders, etc. they all kind of lost their way for a little bit. And now they're back. I mean, they're names that people recognize. You know, sometimesat people are like, hey, HP is breaking out. And I remember HP, I mean, they've been around forever, so the gravitate to thoses. And again, the simple idea is the huge, massive, mas data centers got to be filled with something. HP builds what goes in them. I just throw, dude, we're getting a Dell inre and you'll be flashing me back to to my child here at CGS too. But KG, as we look over the technicals for HP, I mean, certainly clearer chart in terms of its momm and move to the u than at Lassen's. But take us through what you're seeingn the technicals and what levels stand out to you. Yeah. Best set up probably outl three of the cha the stocks that we're going to talk about today. This is actually very simple. One talking about a simple thesis on the fundamental side. This is actually simple. On the techside, you have a six month basing formation where we did tr a pretty solid ch here. And then we started seeing a breakout to the upside,g higher highs and high lows. And even when we had a little bit of a breakdown back in June of this year, we saw a pullback. It consolidated onc again formed a cup and handle pattern. That just means that we have a pullback, a consolidation a rete highs another consolidation and then a breakout.hat's exactly what we are seeing. Breaking above the 20 day 50 day moving aa of support making higher lows making higher highs. And we are hitting that positive trend line. Even if we get a pullback in the short term to around 68 to $69 or so, the trend is still your friend. It's still higher. RSI also making higher lows which is bullish. MacD does notook like it's curling at point. This stock looks like it's still very healthy. Let's go tochart here real quick because I think this is also very r the longer term traders that are out there. The 20 week moving average as as a firm a of support. And that's where a significant amount of buyers came and stepped in on August of this year, even though we did see bearish divergence on the RSI that has now officially broken as well, this one looks like it wants to move higher kind of thin volume her But that's also understandable because we once again, we were kind of trading in a pretty consolidat range here for the last two three years before the breakout over the l eight months. And Tim, I know we don't do specific example trades with you here but are there any levels specifically you're watching HPE thatwould tf action from you? Oh yeah. I mean 100%. So yeah, so let me bring that up. Chart up real quic likeg's breakdown. But you know, really, as y kind of, you know, we're bouncing up against that kind of 72 level right now. You looks breakout resistance level back a few months, and then a few weeks ago at about 65. So I like to u that probably at 65 level for that go no go area. I alike to set my risk fi Like, you know, there's that old saying in the market, it's okay to be wrong. Don't stay wrong. Always pick a level where you're like, okay, I built thesis. I combined the fundamental fundamentals and the technicals, but hey, markelling me I'm wrong. We don't fight the market. So I like that kind of 65 area for that go n area. And then the way the stock is kind of digesting here, like maybe look for some pullbacks into maybe get a bounce o of that 70 lehat kind of key hold number level. But even right here, I mean, the way it's trading right now, it's kind of not got a massive amount of range. You know you take something in the 7072 area. You risk 65. The way stock is uptrending is you know, KG said the moving averages. I mean I think this thing's got room to run to give you a solid risk to reward with that downside at about 65. All right. So keepingt 7183 up a percent. And and some useful advice there, Tim. It's okay to be wrong. Just don't stayrong. Sometimesave to move off of an idea, even if you really wanted to to Michael Burry that. He needs to learn that lesson. So I'll give you I'll give you a Bowen on that advice, though not on the other advice, but that one, I'll give it to you. Really appreciate you joining us for big three, as al Tim a