CBRS technicals show stabilization and potential breakout; 205 is the key resistance level to watch.

now let's move on to your first choice among the Big Three companies, and where you see growth opportunities in Cerebras shares. I know they are expanding the construction of their data centers in Finland, but there are still some ongoing concerns about customer concentration with that name. So, what is your take on Cerebras stock?

Well, you know, when we see stocks, especially a stock with a high beta coefficient like this, they start to find a support level, which we find at 160. What we are basically looking for is an upward support pattern , and we have started to see it .

Now, for me, the really crucial thing for the stock is to stay and maintain a price between 200 and 202.

If that happens, I would prefer an execution price of 210 on October 2, i.e., 775 or lower. Now, there's no need to take too much risk, just about 35%. I think the initial upside target should be around 222, but a potential breakout could push it to 260, which in turn could easily generate returns of over 200%.

We saw a very strong performance this morning before President Trump took the podium and began speaking, then everything started to fall back, but it is still holding above this level, and this is an indicator that should be of interest to individual traders.

Yes, and the stock has started to recover since the beginning of the conference. We were down by just over 1 %, and now we are down by about 0.4%. Rick, looking at the technical analysis of this stock, are you starting to notice the beginning of a stabilization pattern and the possibility of a breakout?

Yes, it looks like we've started to rise above the trend line here. After announcing our earnings in August, we recorded our highest level here, and then another high here. And now we have started to rise above the downtrend line.

It can also be said that we recorded a firm low at the close. Although we recorded lows during the day exceeding the 168 level, we mostly remained stable there, and perhaps even recorded slightly higher lows gradually.

Therefore, you can relate that to the short-term upward trend line shown in white here. So, we have an interesting situation here as we analyze whether this is a breakthrough that might last .

We recorded lows here, and then we went through a period of highs. We have passed that point here. But now, the 205 level stands out as a noteworthy area to surpass.

So, when we think about this specifically, what we will see next when we focus on moving averages, excuse me, what we have now is a situation where our simple moving averages are the 20 and 50.

We have the 50-day exponential moving average, which is olive green, at 190.85 . We are now crossing the 50-day exponential moving average close to 200. These are simple moving averages because we do not have complete data for the trading period .

The Relative Strength Index ( RSI) is above the midline at 50, and is also above the descending red trend line. Trading volume analysis shows that the most intense trading zone lies between approximately 200 and 233.

The control point is 205. So, we are now in this area with heavy trading. If we start to break above this level near 233, we could see very rapid price movements. Currently, we are at 206.47, down about 1%.

But as Rick explained, the company's shares were only put up for public subscription in mid-May. Therefore, we do not have complete data for a full year when analyzing Cerberus stock.