TeraWulf (NASDAQ: WULF) dropped more than 50% from its all-time high peak in June 2026. In today’s article, we examine the weekly Elliott Wave structure unfolding. Our analysis explores the potential bullish path ahead despite this recent drop. Our earlier analysis identified the impulsive five-wave advance from the 2023 low. The cycle extended to the upside within wave V. It marked a peak of wave (I) in June 2026 at $29.84. This ended the entire rally and started a correction lower in wave (II). That correction could unfold in 3, 7, or 11 swings. The stock is currently completing a three-wave zigzag from its 2026 peak. This decline reached the equal legs area at $16.85 – $10.22. The correction should end there, followed by a bullish reaction in the coming months. Consequently, investors s
I. Key Events Friday 9/18 Triple Witching: Massive Open Interest Expiring Stock prices tend to converge toward the largest open interest zones (Gamma pinning effect). For specifics, refer to individual stock options GEX analysis (⚠️ note the App upgrade). → Directional flexibility is limited this week, making range-bound/seller strategies more suitable. Software ETF (IGV) Surges 5%, Cybersecurity Leads JPMorgan believes AI is pushing cybersecurity from "optional spending" to "mandatory investment." Watch for pullback opportunities in PANW and CRWD. Crude Oil Maintains High-Level Volatility Above 100 Trump stated on 9/14 that "Iran is eager to reach a deal, and the U.S. is open to it." → A de-escalation signal; oil's upward momentum may weaken — watch for a spike-and-retreat. Citi: Wednesda
$Genpact (G) Climbs +3.67% to $36.43 — Value Play Reclaims Momentum, $38.58 Resistance in Crosshairs 📊 Latest Close Data G closed at $36.43 on 2026-09-15, up +3.67% (+$1.29). The stock sits -25.1% below its 52-week high of $48.64, but has rallied sharply off the $26.85 low. Evening session ticked to $36.87, signaling continued bid. 🔥 Core Market Drivers Genpact's move reflects renewed accumulation by institutional holders — BlackRock, Vanguard, and FMR all held positions steady. Volume ratio of 1.34 indicates above-average participation, while capital flow data shows large-order selling overwhelmed buying ($1.8149M out vs $1.6542M in), suggesting profit-taking capped intraday gains near $36.92. 📈 Technical Analysis • RSI(6): 54.15 — recovered from oversold 21.98 just four sessions ago, now
$PLTR Regains $173 as $1.4B Inflows Fuel the Bounce
$Palantir Technologies Inc.(PLTR)$ $Palantir Technologies Inc.(PLTR) Rallied +3.64% to $173.31: AI Data Powerhouse Reclaims Momentum, $179 Resistance in Sight 📈 Latest Close Data: PLTR closed at $173.31 (+3.64%) on 2026-09-15, just 16.5% below its 52-week high of $207.52. Volume surged to 29.15M shares with a Volume Ratio of 1.33, confirming strong participation. 🚀 Core Market Drivers: Renewed AI infrastructure momentum lifted PLTR as enterprise data integration demand remains robust. Institutional capital flow showed +$1.4B net inflow on the day, with large orders dominating buy-side activity. 💰 Technical Analysis: MACD remains bearish at -5.39 (DIF 5.91 vs DEA 8.60), but the histogram is contracting, hinting at momentum stabilization. 🎯 RSI(6) j
$Alphabet(GOOG)$ $Alphabet Inc.(GOOG) +3.06% Surge Reclaims $345, Momentum Building Toward $367 Resistance 🚀 📊 Latest Close Data GOOG closed at $345.71 (+3.06%) on Sep 15, adding $10.26. Price remains -14.5% below its 52-week high of $404.47, but is decisively rebounding from the $318 support zone with rising volume. After-hours action drifted to $343.53, suggesting mild profit-taking but holding gains. ⚡ Core Market Drivers Broad mega-cap tech rally lifted Alphabet, with AI infrastructure and cloud demand remaining the dominant sentiment anchor. Short volume ratio dropped to 5.27%–8.00% in recent sessions, signaling reduced bearish pressure. Institutional flows turned neutral-to-positive: 5-day capital flow improved from -$63M to +$3.06M, ending
$Netflix(NFLX)$ $Netflix(NFLX) +3.77% Surge Reclaims $80 Level, MACD Bottom Reversal Targets $90 Resistance Zone 📈 Latest Close Data: NFLX closed at $80.32 (+3.77%) on Sep 15, 2026, with intraday high $81.02. Still trading -35.7% below 52-week high of $124.86, but 23.4% above 52-week low of $65.08. Core Market Drivers: Bill Ackman's Pershing Square disclosed a new NFLX position in Q2, a major sentiment catalyst. Netflix also committed $200M for 2027 Women's World Cup broadcast rights, reinforcing live sports expansion strategy. Short interest remains elevated at 17.87%, creating squeeze potential. Technical Analysis: Volume reached 30.95M shares (ratio 1.11), confirming breakout participation. RSI(6) swung from 28.1 to 60.3 — exiting oversold terr
$ADBE Gains 5.30% as Value Buyers Return to Software
$Adobe(ADBE)$ $Adobe (ADBE) +5.30% Surge: Creative Software Giant Rebounds Off Oversold Base, $288 Resistance in Focus 🚀 Latest Close Data: ADBE closed at $265.60 (+5.30%) on Sep 15, 2026, recovering sharply from yesterday's $252.23 close. Still trading ~28% below its 52-week high of $370.86. Core Market Drivers: Adobe staged a strong rebound as oversold technical conditions triggered value buying. Recent capital flow data shows heavy institutional accumulation over the past 3 sessions. Short volume ratio has retreated from 22% highs to ~14%, signaling easing bearish pressure. Technical Analysis: 📊 Volume reached 5.72M shares (turnover 1.44%), confirming institutional participation. RSI(6) surged from oversold 22.36 to 50.47 — breaking above the n
$Etsy(ETSY)$ $Etsy, Inc.(ETSY) Rebounds +2.34%: Oversold Bounce Eyes $75.22 Pivot, Recovery Momentum Building Latest Close: $74.46 (+2.34%), off 52-week high of $87.97 by ~15.4%. Intraday range $72.05–$75.10. Core Drivers: E-commerce sector stabilized after recent Etsy selloffs triggered by Q2 GAAP loss and buyer-frequency concerns. Short interest elevated at 25.96% of volume (9/11), fueling squeeze potential. After-hours print at $75.22 confirms bullish follow-through. Technical Analysis: Volume at 2.65M shares (Volume Ratio 0.74), below average. MACD remains deeply negative (DIF -2.15, DEA -1.09) but histogram is contracting — early convergence signal. RSI(6) jumped from 15.9 to 40.1, exiting oversold; RSI(12) at 39.9 still recovering. KDJ shows
$Intuitive Surgical(ISRG)$ $Intuitive Surgical (ISRG) +2.38% Momentum Building — $378 Breakout Attempt Targets $452 Resistance Zone 📈 Latest Close Data: ISRG closed at $377.94 (+2.38%) on September 15, 2026, on volume of 2.43M shares. Price now sits 14.7% above the 52-week low of $328.57, recovering steadily from the $355–$360 support shelf. Core Market Drivers: Robotic surgery demand remains resilient, with management signaling rising overseas system lease rates that will structurally lift recurring revenue. The planned 2027 extended-use instrument program adds a fresh procedure-volume catalyst. Malaysia plant expansion reinforces Asia-Pacific supply capacity. Technical Analysis: RSI(6) surged to 64.47 from 27.17, confirming a sharp momentum reve
$IBM +2.38% Builds Momentum After a Strong Sector Rally
$IBM(IBM)$ $IBM +2.38% Momentum Building: Enterprise AI Giant Reclaims $249, Eyes $282 Resistance Retest Latest Close Data IBM closed at $249.09 on September 15, gaining +2.38% (+$5.80) from the prior close of $243.29. The stock is now approximately 25.1% below its 52-week high of $332.46, with intraday range spanning $244.12–$251.37. Core Market Drivers Information technology consulting peers surged broadly — Gartner +7.66%, Cognizant +6.86%, EPAM +6.16%, Accenture +4.95% — lifting IBM in sympathy as enterprise AI services demand reaccelerates. Volume ratio of 1.33 confirms participation above the daily average, though institutional flow remains mixed with net outflow of $15M and large-order selling ($54.3M) outpacing large-order buying ($43.9M).
$EXPE +2.50% Turns Higher With $313 as the Next Test
$Expedia(EXPE)$ $Expedia(EXPE) +2.50% Surges Past $287, Bulls Eye $313 Resistance as Momentum Builds 📈 Latest Close Data: EXPE closed at $287.86 (+2.50%) on Sep 15, 2026, adding $7.03. The stock sits 15.8% below its 52-week high of $342.00 and 55.3% above its 52-week low of $185.34. Core Market Drivers: Expedia is riding renewed travel-sector momentum after Evercore ISI recently lifted its target to $430 and Wedbush raised to $417 post-Q2 beat. Despite no company-specific headline today, dip-buying continued as short interest moderated—short volume fell to 14.17% of total volume from 19.35% on Sep 1. Technical Analysis: RSI(6) has climbed sharply from 17.2 to 42.5, confirming a strong recovery out of oversold territory 📊. MACD remains negative (DI
$YELP +2.58% Recovers Toward $22 as Technicals Turn Higher
$Yelp(YELP)$ $Yelp Inc.(YELP) +2.58% Closes at $21.83: RSI Rebounds from Oversold, MACD Histogram Turns Less Negative, Key Pivot at $22.16 Latest Close Data: YELP closed at $21.83 (+2.58%) on Sept 15, 2026, recovering from yesterday's $21.28. The stock sits 36.7% below its 52-week high of $34.49 and just 11.4% above its 52-week low of $19.60, reflecting a deep value zone with early stabilization signals. Core Market Drivers: Short volume ratio remains elevated at 27.67%, signaling persistent bearish pressure. However, a notable shift in capital flow appears: after five straight days of net outflows, Sept 10 saw a +$42.64M net inflow, though Sept 11 flipped back to −$48.34M. No major company-specific news triggered today's bounce; the move is large
$AFRM +2.72% Rallies as Wolfe Upgrade Lifts the Stock
$Affirm Holdings, Inc.(AFRM)$ $Affirm Holdings (AFRM) +2.72% to $73.38 — Wolfe Upgrade Ignites Recovery, $78 Resistance in Crosshairs as Momentum Builds 📈 Latest Close: $73.38 (+2.72%) on Sept 15, 2026. Range: $71.71–$74.00. Still ~21% below 52-week high of $92.56, but well above 52-week low of $42.10. Core Market Drivers: Wolfe Research upgraded AFRM to Outperform with a $90 target, sparking the move. Q4 results remain a tailwind: revenue $1.165B, EPS $4.62, GMV +36% to $14.1B — far above consensus. Shopify and Morgan Stanley maintain major stakes, signaling institutional confidence. Technical Analysis: RSI(6) at 55.02 and RSI(12) at 49.48 — both exiting oversold territory with room to run. MACD remains negative (DIF -1.31 vs DEA -0.94), but the
$BBY +4.44% Hits a 52 Week High After Blowout Q2 Earnings
$Best Buy(BBY)$ $Best Buy(BBY) +4.44% Rocket to 52-Week High: Consumer Electronics Giant Breaks Out, $100 Target in Sight 🚀 Latest Close Data: BBY closed at $94.83, surging +4.44% (+$4.03) on September 15, 2026, with intraday high of $94.92 — a fresh 52-week high. This is a massive +72% rally from the 52-week low of $55.10. Core Market Drivers: Momentum follows BBY's blowout Q2 earnings (EPS $1.47 vs $1.38 est; revenue $9.78B vs $9.59B est; comp sales +4.1%) 🌟. Multiple firms (Daiwa, Barclays) raised targets after the report. Recent D.A. Davidson downgrade to Neutral failed to cool the rally 📈. Technical Analysis: Volume reached 4.89M shares (Volume Ratio 1.50×), confirming breakout conviction. MACD remains strongly bullish with DIF at 1.80 vs DEA
$Chewy, Inc.(CHWY)$ $Chewy, Inc.(CHWY) Rebounds +4.45% to $21.35: Oversold Bounce Gains Traction, $23.90 Resistance in Focus 📦🐾 Latest Close Data: Closed at $21.35 (+4.45%) on Sep 15, 2026, with volume of 12.55M shares. Still trading -47.3% below 52-week high of $40.55, but +22.7% above 52-week low of $17.40. Intraday range: $20.69–$21.94. Core Market Drivers: Chewy's Q2 results (Sept 9) showed EPS of $0.36 in-line and net sales of $33.3B (+7.4% YoY), but revenue missed optimistic estimates. Management raised full-year revenue and margin guidance, sparking a rebound from oversold levels. However, Evercore ISI downgraded to "In Line" (PT cut $33→$25), while BofA trimmed PT to $27. Technical Analysis: 📊 RSI(6) recovered sharply to 37.7 from 18.1 thr
$Intuit(INTU)$ $Intuit Inc.(INTU) Surged +5.47%: Fintech Giant Reclaims $339 with RSI Momentum Flip, $396 Resistance in Sight Latest Close: $339.15 (+5.47%), closing near session high of $342.31. Still 52% below 52-week high of $705.08, but 19% above 52-week low of $252.84. Core Market Drivers: RBC analysts highlight the upcoming Investor Day as a confidence rebuild catalyst. Application software sector broadly rebounded (Salesforce +3.14%, Adobe +3.31%), fueling a sympathy rally after INTU's prior FY2027 guidance-driven selloff to $309.80. Technical Analysis: RSI(6) jumped from 36.03 to 57.53 — exiting oversold territory and confirming bullish momentum. RSI(12) reclaimed 52.44, above the neutral 50 line. MACD histogram remains negative (-12.93) b
$AI +6% as Software Takes the Lead in the AI Trade
$C3.ai, Inc.(AI)$ $C3.ai, Inc.(AI) +5.98% Surge: AI Momentum Ignites, RSI Breakout Targets $12.40 Resistance Zone 📊 Latest Close Data C3.ai closed at $11.17 (+5.98%) on September 15, 2026, with intraday range of $10.52–$11.38. Price now sits 44.7% below its 52-week high of $20.22, but momentum is clearly turning upward. 🔥 Core Market Drivers AI software sentiment got a fresh boost as enterprise automation plays rallied broadly. C3.ai's improving capital flow data (+$4.975M on 9/11) and BlackRock's 8.87% institutional stake anchor confidence. Short volume ratio remains elevated at 21.56%, keeping squeeze potential alive. 📈 Technical Analysis Volume reached 5.67M shares with a 1.10 volume ratio — confirming participation. RSI(6) jumped to 72.3, enteri
$Wayfair(W)$ $Wayfair (W) Jumps +6.31% to $104.79: E-Commerce Momentum Builds, $110 Resistance in Sight 🚀 Latest Close Data: W closed at $104.79, up +6.31% (+$6.22) on Sep 15, 2026. The stock is now just -12.7% below its 52-week high of $119.98, after touching an intraday high of $106.38. Core Market Drivers: Wayfair's surge follows Bernstein's August upgrade to Outperform with a $125 target, citing home furnishings recovery momentum. Q2 earnings from early August showed revenue of $35.19B (+7.6% YoY) beating consensus, with U.S. sales up 8.7% — the fastest since COVID. Analysts see continued share gains from traditional retailers. Technical Analysis: Volume came in at 3.03M shares (volume ratio 1.42x), showing strong accumulation. RSI(6) jumped to 6