$POWL numbers were legit strong: backlog up 69% YoY, new orders up 158%, quarterly bookings hit $934M on $400M of fresh data-center orders. Had trimmed the position out last week ahead of the print, and the muted reaction is still a surprise given how good the print was. Watching tomorrow's call, and the 200-day SMA is the spot being eyed to start building back up.
Aggregated and distilled by Two Sentence Traders. Not financial advice.