$P Just Landed Another Big AI Win
$Everpure(P)$
$Everpure (P) Surged +6.19% to $98.15: AI Storage Leader Reclaims Momentum, $105 Resistance in Sight 🚀
Latest Close Data: P closed at $98.15 (+6.19%) on Sept 4, 2026, off intraday high of $98.26. Still -17.6% below 52-week high of $119.10, but rebounding sharply from the $91.36 intraday low.
Core Market Drivers:
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BofA upgraded P to Buy with target raised $90 → $150, citing Q2 beat and raised FY27 guidance ($5.03–5.07B vs $4.5B consensus).
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Q2 EPS $0.70 smashed estimates by 20.7%; second hyperscaler design win solidified AI storage dominance.
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Short volume ratio climbed to 17.06% — elevated bearish positioning now vulnerable to squeeze.
Technical Analysis: 💹
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Volume 2.6684m shares, turnover 0.80% — participation expanding on breakout attempt.
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MACD DIF 2.06 vs DEA 4.70 → histogram -5.29 (still negative, but DIF turning up, early convergence signal).
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RSI(6) jumped to 48.5 from 30.7 — escaping oversold; RSI(12) crossed above 50.7, confirming short-term trend reversal; KDJ K-line crossed above D-line (golden cross).
Key Price Levels: 📍
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Primary Support: $91.36–92.43 (today’s low & prior close cluster).
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Strong Resistance: $105.31 — recent pivot from Sept 2; breakout targets $114.94 (post-earnings high).
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Immediate Pivot: $98.26 intraday high; sustained close above activates $105 test.
Valuation Perspective: P/E TTM 135x, P/S 7.65x, P/B 21.2x — premium to hardware peers, justified by hyperscaler AI storage demand but leaves little margin for guidance miss.
Analyst Targets: 18 analysts, average PT $129.0; ratings: 6 Strong Buy, 12 Buy, 1 Hold, 2 Underperform.
Weekly Outlook: 📈
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Expected range $91–$105; breakout above $105 opens $115–$120 retest of 52-week high.
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Failure to hold $91 risks $86 gap-fill. Bias: bullish consolidation while RSI holds above 50.
⚠️ Not financial advice. Data may lag. Do your own research.
🎯 $Everpure (P) Options Strategy: Bull Call Spread
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Underlying: Everpure (P)
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View: Bullish consolidation with breakout potential toward $105–$115; RSI reversal confirmed, elevated short interest supports squeeze risk.
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Strategy Type: Debit Spread
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Option Contract Portfolio:
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Buy 1x P 2026-09-18 $100 Call @ $3.65
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Sell 1x P 2026-09-18 $105 Call @ $1.975
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Max Gain & Loss:
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Max Gain: $3.325 per spread (at expiry, stock ≥ $105)
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Max Loss: $1.675 per spread (at expiry, stock ≤ $100)
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Initial Cost/Credit: Net Debit $1.675 per spread
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Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

