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NeoGenomics Stock In A Range-Bound Matrix, Weakness Likely Until 2026
Benzinga· 2025-09-17 11:58
Core Viewpoint - NeoGenomics (NEO) is currently in Phase 18 of its Adhishthana Cycle, indicating a prolonged period of consolidation with little sign of breakout until August 2026 [1][10]. Summary by Sections NEO's Cycle Overview - NEO has closely followed the Adhishthana Principles throughout its cycle, particularly between Phases 9 and 12, demonstrating a strong alignment with the model [2]. - Stocks in Phases 4 through 8 typically form a Cakra, which has bullish implications, leading to a breakout in Phase 9, marking the start of the Himalayan Formation [3]. Historical Performance - From May 2016 to September 2019, NEO traded within its Cakra, then broke out sharply in Phase 9, rising from $18 to $34 [5]. - The stock continued to rally in Phase 10, reaching a peak of $61, but subsequently began to decline, falling over 70% back to the breakout level near $18 [6]. Challenges Faced - The issues for NEO began upon entering the Guna Triads (Phases 14, 15, and 16), which are critical for determining the potential for achieving Nirvana in Phase 18 [7]. - For Nirvana to occur, the Guna Triads must exhibit Satoguna, indicating a sustainable bullish move, which NEO failed to demonstrate [8]. Current Status and Outlook - NEO remains in consolidation for over 850 days, with the current phase concluding in August 2026, suggesting continued stagnation [10]. - Investors are advised to be cautious, as the stock is unlikely to show significant movement in the near term, remaining "stuck in the Matrix" [11].
Is IDEX Stock Headed To $115 Amid Rising Downside Risk?
Benzinga· 2025-09-12 12:06
Core Viewpoint - IDEX Corporation has experienced a significant decline from approximately $244 to $165 since April 2024, indicating a potential deeper issue as it may be entering the descent leg of its Himalayan Formation, with a target range of $110–115 [1][8]. Summary by Sections IDEX and the Cakra Formation - IDEX's stock has followed the Adhishthana Principles, entering a Cakra formation in Phase 4 back in 2002, which lasted over 5,300 days [2]. - The true inflection point occurs in Phase 9, leading to a decisive breakout that initiates the Himalayan Formation, a three-part sequence [2]. Ascent and Peak - In Phase 9, IDEX saw a significant surge of nearly 61%, reaching around $246, marking the culmination of the Himalayan ascent [3]. - The peak formation is expected to occur within the 18th or 23rd interval, and if not achieved, it is anticipated to happen in subsequent phases [3]. Decline - Following the peak, IDEX has sharply declined, consistent with the initiation of the descent leg of the Himalayan Formation [7]. - The descent leg typically targets the breakout origin of the Cakra, which for IDEX is near $115, indicating a potential downside risk [8]. Investor Outlook - The structural peak for IDEX appears firmly established, suggesting that the descent leg may continue until the stock revisits its breakout origin [9]. - Investors are advised to wait for signs of stabilization closer to the $115 region before initiating positions, while existing holders should reassess their exposure based on this cyclical outlook [11].
Is Costco Stock Topping Out? Key Price Levels To Watch
Benzinga· 2025-07-18 11:43
Core Viewpoint - Costco is currently in Phase 11 of its 18-phase Adhishthana Cycle, suggesting a potential peak formation after a strong rally, with the stock declining approximately 11% from its all-time high of $1078.23 [1][6]. Weekly Chart Analysis - Costco confirmed a breakout from its Cakra formation in Phase 9, leading to a rally of approximately 23% [4]. - In Phase 10, the stock surged an additional 66%, indicating continued upward momentum without forming a peak [4]. - Phase 11 saw the stock reach an all-time high of $1078.23, but it has since failed to reclaim that level, suggesting a possible peak has been formed [6][5]. Monthly Chart Analysis - On the monthly chart, Costco is in Phase 12, having also broken out of its Cakra in Phase 9 and rallied through Phases 10 and 11 [9]. - Uniquely, the stock did not form a peak in either Phase 10 or 11, which is rare according to the Adhishthana framework [9]. - The last bar of Phase 11 is critical; if it confirms the peak at $1078.23, it would indicate a potential end to the rally [10]. Investor Outlook - Investors should monitor the $893.62 level, which is the Phase 10 high; breaking this level could confirm the beginning of a descent [11]. - If the stock breaches $1078.23, it would indicate that the rally continues, potentially entering a more powerful phase [12].