Lumentum (LITE) stock scaled an almost vertical wall in the heyday of the artificial intelligence trade in 2025 and early 2026. As investors rotated out of tech names over this summer, this star among data center infrastructure names passed a technical test by finding support at its 200-day moving average while carving a base. Other metrics also suffered minimal damage,…
Extract — continue reading at the source.
Related stories
Range Rover launches first fully electric model
Tim Cook to be paid $47mn as Apple’s executive chair
Will self-flying planes transform the skies?
Soft launches and late sittings - six ways to get cheaper meals out
Europe’s bond markets are suffering a post-holiday shock
Dow drops below a key chart level, warning of more trouble ahead