🛡️ What are the top stocks in the technology sector showing bullish patterns?
8/26/2025 01:53pm
In the technology sector, several stocks are exhibiting bullish patterns. Here are the top contenders based on the latest data:
1. **Grasim Industries (NSE: GRASIM)**: This stock has broken out of a symmetrical triangle pattern, indicating a potential continuation of its upward trend. Short-term traders are advised to consider buying with a target of Rs 3,070–3,140. The stock is part of the cement sector and offers a balanced mix of technical reliability and sector relevance.
2. **Solana (SOL)**: Solana is experiencing a bullish breakout from a cup and handle pattern. The immediate resistance is at $200, with potential targets at $215, $240, and the $295.11 cup rim. Solana’s breakout suggests strengthening bullish momentum and could be a good option for crypto enthusiasts.
3. **ARM (NASDAQ: ARM)**: ARM’s daily chart shows a clear Cup & Handle pattern, with strong upward moves following each completion. The latest pattern completed around the $165 area, and the stock is currently consolidating in the $140–$150 range. ARM offers a predictable bullish setup and aligns with the user’s technical analysis focus.
4. **NVIDIA (NASDAQ: NVDA)**: Despite NVIDIA's Q2 earnings showing a significant revenue of $30B and a dominant Data Center revenue, the stock experienced a 8% drop, signaling investor skepticism toward high-growth AI valuations. However, the company's Q3 guidance of $32.5 billion fell short of expectations, exposing a critical shift in investor psychology. This shift reflects broader skepticism about the sustainability of AI-driven valuations.
These stocks are showing bullish patterns and have the potential for continued upward movement. However, it's important to note that investing in stocks always carries risk, and it's crucial to conduct thorough research and consider other factors before making investment decisions.