Roblox Corp (NYSE:RBLX) – Roblox (RBLX) has had a nice bounce off a major support level. The stock was significantly sold off after disappointing earnings but the market is a forward looking mechanism and this could be a great spot for a turnaround. META’s Quest 3 launch is coming up in September and Roblox could be a big part of that as it joins the VR ecosystem.
Snowflake Inc (NYSE:SNOW) – Snowflake has found some buyers at the bottom of the recent range. The stock has been consolidating for over a year now and I think it’s at attractive prices around here. As funds look to rotate into value at some point, SNOW could potentially be one investment managers turn to. And given the size of the base, the breakout here could be a big one.
Align Technology, Inc (NASDAQ:ALGN) – Align Technology Inc (ALGN) designs, manufactures, and markets Invisalign clear aligners, and iTero intraoral scanners and services for orthodontists and general practitioner dentists in the United States and internationally. After crushing earnings and gapping higher, ALGN has gotten sold off. The pullback has been very steep but there has been buying in the stock in recent days. In fact it also showed relative strength. A potential higher low could be in here and if that’s the case ALGN could be on its way to new 52-week highs.
