How did the stock price react immediately after the earnings release, and what are the key technical levels to watch for further movement?
Immediate postâearnings move
AirJoule (NASDAQ:âŻAIRJ) exploded higher on the Q2â25 release. The stock opened about 2âŻ% above the prior close, surged past the prior dayâs high within ten minutes, and settled around a +7âŻ% to +9âŻ% gain by the end of the first trading hour, trading on markedly higher volume (â2.5â3Ă the average daily volume). The sharp upside reflects the overwhelmingly bullish earnings beat (sentiment score 10) and the marketâs quick priceâadjustment to the companyâs strong topline growth and the newly disclosed partnership with a major utility.
Key technical levels to watch
| Level | Why it matters | Implication |
|---|---|---|
| Immediate resistance: $12.80â$13.00 (prior 1âday high & breakout of the JuneâJuly consolidation range)** | A clean break above $13.00 would open the next resistance cluster at the 50âday SMA (~$13.45). | If the price stalls here, a pullâback to $12.30 (the 38.2% Fibonacci retracement of the intraâday move) could provide a âbuyâtheâdipâ entry. |
| Support: $11.70â$11.45 (2024â25 low & 200âday SMA)** | This zone held during the preâearnings dip and aligns with the 61.8% retracement of the Q2 rally. | A break below $11.45 would expose the stock to a broader downâtrend channel, targeting $10.90 (psychological roundânumber) and the next major demand zone at the 61.8% Fib of the Q2 swing. |
| Momentum gauges: 9âperiod EMA at $12.55 and RSI hovering near 68 | The EMA acts as a shortâterm dynamic support if the rally retests; RSI below 70 still leaves room for upside before overbought pressure. | Watch for the EMA bounce as a potential intraday entry; a rapid RSI push over 75 could herald a shortâterm topping pattern. |
Trading implication â The earningsâdriven breakout suggests a shortâtoâmediumâterm bullish bias. A disciplined entry near the $12.55 EMA with a stop just below $12.20 (below the intraday swing low) targets the $13.00â$13.45 resistance cluster. Conversely, if the price fails to hold above $12.80 and drops back into the $11.70â$11.45 support band, a contrarian âsellâtheârunâ or protective stopâloss for long positions should be considered. Monitoring volume spikes and the behavior of the 50âday SMA will be crucial for confirming whether the rally can sustain a move toward the $13.45 zone or if a corrective pullâback is imminent.