"Justin" • Precise Market Analysis

Watch Bandwidth $BAND today Small-cap software name breaking out of a gorgeous Stage 1 base on earnings this morning Trading at $31.50 currently. +30% Thin name. So not for everyone. But it's nice to see signs of life in the software space. Thinking we see more reactions like this from the group in the coming days...

Watch Bandwidth $BAND today Small-cap software name breaking out of a gorgeous Stage 1 base on earnings this morning Trading at $31.50 currently. +30% Thin name. So not for everyone. But it's nice to see signs of life in the software space. Thinking we see more reactions like this from the group in the coming days...

Legence $LGN looking like a special stock... Legence is a $8.8 billion industrial company. Its designs + installs HVAC, electrical, and mechanical systems for life sciences labs, healthcare facilities, and - most importantly - data centers. Nearly 40% of its backlog is tied to data centers. Management says that it serves the "majority of the Nasdaq-100." And it's believed that its customers includes some of the hyperscalers. In other words, Legence is "AI infra buildout" name. It could catch a major sympathy bid this week with $MSFT $AMZN $GOOG $META report earnings, and more specifically details on CapEx spend. The market has taken notice of Legence's potential. LGN is +51% over the past 15% sessions. It hasn't closed below its 5-day moving average since April 7, indicating strong institutional bid for the stock. We've also seen heavy buying volume on the stock in recent weeks... further evidence that the big boys are getting involved. In summary, LGN is a super compelling company. The stock is arguably near-term extended. But it's displaying major strength, and the best names are never easy to buy. Y'all can figure out entries. Just sharing the idea...