Performance metrics and trade details for PENG breakout.
Penguin Solutions reported decent earnings on July 8, 2025 after hours, but the stock gapped down 9%. The next morning, it opened slightly lower by 1.4%, then found support at the 21-day EMA and bounced. It broke out of the 5-minute opening range with high volume and reclaimed the 5 EMA, offering the first buy point.
Buying around $20.90 at the ORB would have delivered a move to $23.40 by the close—a solid 12% gain in one day.
More to study.
Company | Catalyst | Successful? | Gain/Loss (%) | Chart | ||||||
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1 | JMIA | OOPS Reversal | May 8, 2025 | Bullish | Earnings Report |
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+53.0% | Detail https://breakoutdb.com/jmia/jmia-oops-reversal-2025-05-08/ |
(*) This trade is still active; the gain is an estimate based on the current price.