Ch🅰️rtardannus 🔋.

$AAOI Primary Wave 3 PT = $240 🟢 Base Case Very sly. As discussed prior, there was a chance for this leg lower to convert into a higher low via Primary Wave 2 of LT Wave 3. After tagging consolidative support alongside the .382 Fib ($137) of PW2, the minimal level of retracement for a higher low, the stock has soared higher today. In order to validate this bullish scenario, it must decisively break $170s and squeeze higher to the Primary Wave 3 PT of $240+ on route to completing LTW3. PW4 and PW5 cannot be determined until PW3 ends. Let us see whether it can validate this path forward.

$CLS Fundamental Deep Dive 🟢 Celestica OVERVIEW Celestica operates as a leading electronics manufacturing services (EMS) provider across Connectivity & Cloud Solutions (CCS) and Advanced Technology Solutions (ATS). FY2025 results showed significant momentum, with annual revenue of $12.39B, growing +28% YoY. CCS Segment delivered the bulk of growth (~74% of revenue), driven by hyperscaler demand, AI data center infrastructure, networking (400G/800G switches), and enterprise solutions. This is only the beginning of this vertical and their future driver of growth. Excited to see how their 1.6T programs and continued AI ramps perform in hyperscaler data centers in 2H 2026 and beyond. Broadcom provides the core switch silicon + optical engines. Celestica is the one turning that into deployable, rack-ready systems at volume for hyperscalers. They're the picks-and-shovels manufacturer riding the 1.6T + photonics wave. This is a big reason why $CLS has been positioned as a leveraged AI networking play. Their designed and ready to order 1.6T data center switches (DS6000 + DS6001), based on Broadcom Tomahawk 6 (TH6) silicon, helps to deliver 102.4 Tbps switching capacity, doubling capacity from their prior 800G platforms. The ATS Segment provides more stable contributions from industrial, aerospace/defense, and health tech, though with flatter growth as focus shifts toward high-margin CCS opportunities. Profitability is set to explode in the years moving forward as AI products mix into the portfolio. Adjusted operating margin reached new highs around 7.5%+ with strong EPS growth (~$6.05). FCF remains solid despite the planned capital expenditure ramp for AI capacity. I initiated a position in $CLS in early April and doubled down on my exposure yesterday after the recent drawdown it experienced despite an extremely strong earnings report this week. Technically, the $310-$350 range serves as the ideal area to accumulate; however, it reached that yesterday and the corrective process may already be over, running strongly AH today. $CLS sits at a $43 Billion market capitalization. Its valuation reflects strong growth expectations with a ~44x Trailing P/E and ~3x P/S Ratio, indicative of the stock sitting at a premium. Despite guiding for $19 Billion in revenue this year, the reason for the valuation being so tame is secondary to it being a low margin business. As they grow margins over the coming quarters and EPS explodes higher, anticipate a smooth rise in valuation. Their TAM is significant and this is an extremely comfortable long moving forward. ----------------------------------- GROWTH OUTLOOK Under CEO Rob Mionis, Celestica has consistently outperformed expectations. Management projects robust revenue growth over the next 3–5 years, driven largely by CCS + AI infrastructure acceleration. The CCS Segment projects strong double-digit growth (~30-40% YoY in FY26 and FY27 sequentially) due to expanded hyperscaler/AI focus, a vertical that will also leads to adjusted Operating Margins expanding toward 8%+. Product roadmaps support this outlook, as shown by their unveiling of 1.6T data center switches becoming available to order with next-generation AI programs such as 800G acceleration ramping in 2H 2026. Over 2026, the company is projected to report ~$19B Revenue and $10.15 adjusted EPS. This will be followed by even stronger growth in 2027, implying visibility and penetration improvement. I am positioning before this inflection starts, similar to the idea with $AMD when we entered in the $180s. Risks include cyclical demand, supply chain/CapEx execution, customer concentration, and broader macro slowdowns in tech spending. ----------------------------------- FAIR VALUE ESTIMATE Using an aggregated valuation approach based on many different disciplines of FA (DCF, Relative Multiples, Analysts, etc.), the current FVE of $CLS is $440/share according to my estimates. This does not take into account its future prospects and potential for momentum to accelerate price far beyond this FVE due to that. LONG-TERM ESTIMATES Assuming $CLS consistently meets aggressive growth targets (revenue ramps and margins expanding), this is their potential path forward valuation-wise when using P/E multiples and expected EPS values. End-2026 = $500+ End-2027 = $700+ End-2028 = $900+ End-2029 = $1,100+ All in all, this is a high conviction investment in the years to come and I find that, with great execution, it is one that can easily multiply its valuation over the next half a decade.

$AUR LT Wave 5 PT = $15 🟢 Base Case Starting to show signs of reversal, Aurora may begin to run hot during this Bull Market leg moving forward as long as the upcoming ER is strong and the theme of autonomous semis gains traction. A leader in the space alongside $TSLA, this is a long-term holding as the company has the tech stack to dominate the field eventually. Ahead of the game in terms of proven and trained mileage, revenue will begin to be generated this year, rapidly inflecting 2027 and beyond. Their connections to $NVDA help as well no doubt. Anyways. The stock perfectly landed on my .786 Fib ($3.60) of LT Wave 4 to form a low in early November. It has been a patient wait, but the first signs of a strong base breakout following accumulation are here. A Weekly 8/21EMA Bullish Crossover has been held thus far, with tight Bollingers on the Weekly that can lead to an explosive move once it starts moving and cuts through massive overhead resistance between $5-$7. Converting that support will confirm a comfortably initiation of LT Wave 5. Just a matter of time. R/R is favorable at this time. Best of luck if interested!

Starting to dip my toes into a few names here. $CRDO $MRVL $CLS $NBIS $AMPX in particular. Fond of the RSI Bullish Divergence forming on $ES_F on lower timeframes as we backtest its 1H 200MA. I’ll deploy additional buying power in the event we trend another 1-2% lower over the coming days. Calmly averaging into positions. There are several rising indicators below to refer to on the road down that will dictate the resilience of this market. $VIX has not blown out today, remaining tame despite the magnitude of the drawdown. A positive sign. I’ll be sure to monitor data as always and raise any red flags when I observe them, but for now everything seems in order.