IQE#65
Thesis
IQE 4H chart shows gap filled at 47p clean. Fibonacci 0.236 reclaimed at 46p. Next target Fib 0.382 at 71p. RSI 52 neutral with room to run. All MAs below price and coiling. Earnings this week provide catalyst.
By @Allstarsv16 · View post ↗
Original post text
$IQE 4H chart. Gap filled at 47p. Clean. Fibonacci 0.236 reclaimed at 46p. Next target: Fib 0.382 at 71p. RSI 52. Neutral. Room to run. All MAs below price and coiling. Earnings this week. The setup is there. https://t.co/C0g2eZakMB
🐂 Bull Case
- Gap filled at 47p cleanly → prior resistance now support, textbook continuation pattern
- Fibonacci 0.382 target at 71p represents +40% upside from current levels with MAs coiling below
- Earnings this week as catalyst; bears quiet suggests potential positive surprise or guidance upgrade
🐻 Bear Case
- Revenue declining -31.5% YoY with -50.5% net margin → deeply unprofitable, burning cash
- Market cap only £497M with negative FCF → dilution risk if earnings disappoint
- RSI neutral at 52 → no momentum confirmation yet; earnings could gap either direction
🚫 Invalidation
Close below 40p on above-average volume post-earnings, or earnings guide-down >10%
Break Conditions
- Earnings miss significantly or guide down on FY27 revenue
- Price closes below 40p (gap support fails) on above-average volume
Price Tracking
| Label | Ticker | Price | Recorded |
|---|---|---|---|
| t+3d | IQE | $47.50 | 2026-05-29 18:37:02 |
Metadata
T0 Price: $50.70
Created: 2026-05-27 18:35:13
Scored: 2026-05-27T18:37:12.861211+00:00
Updated: 2026-05-29T18:37:02.570348+00:00