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This Horrible Stock Looks Awesome

Cerebras Systems (CBRS) is one of the worst stocks in the market. As of last week's low, it was down 80% from its post-IPO highs.

Sami Abusaad likes it:

Despite chaos int he semiconductors and small caps, Sami found plenty of setups.

Including oversold semiconductor names like Intel (INTC) and Cerebras Systems (CBRS), which have high-probability counter-trend bounce potential as they test key moving averages.

Top Long Plays: Gold Miners and Earnings Momentum Gold miners represent the absolute strongest pocket of relative strength in the entire market. Quality names like Agnico Eagle Mines (AEM) and Equinox Gold (EQX) present textbook long entries off constructive consolidations, with the VanEck Gold Miners ETF (GDX) primed for continuation above recent highs. Beyond gold, ADMA Biologics (ADMA) is a prime bullish watch after printing a tight inside narrow-range bar directly following a Tier 1 professional earnings gap. Meanwhile, oversold semiconductor names like Intel (INTC) and Cerebras Systems (CBRS) offer high-probability counter-trend bounce potential as they test significant multi-timeframe moving averages.

And with indices like the Russell 2000 (IWM) breaching double-bottom support, short positions align directly with overarching market weakness:

  • Arbor Realty Trust (ABR): A clean breakdown trigger slipping below multi-day base support.

  • Huntington Bancshares (HBAN): A textbook daily sell setup showing early signs of a macro top on the monthly chart.

  • Aptiv (APTV): A 1-2-3 bearish continuation pattern positioned to target lower lows.

So if you need actionable ideas now, Sami's your guy.