Stocks on Tech Trader

Summary: Linde's chart confirms an uptrend with EMA above SMA and price above both, recent bounce from support near 470 providing a dip-buy opportunity targeting resistance at 487 over the next few weeks, supported by positive MACD and no immediate catalysts, justifying re-entry soon after 9/25 exit due to price recovery above key moving averages signaling renewed bullish momentum.

The technical setup for LIN shows a clear uptrend as of 9/30/2025, with the close at 475.97 above the EMA (475.79) and SMA (474.69), and no frequent crossings or rangebound behavior in the past month to indicate an unclear trend. MACD is positive at 0.1802, though below its signal line, suggesting building momentum, while RSI at 50 is neutral and Stochastic shows room for upside from oversold levels.

Reviewing trade history, the 9/25 exit at 473.78 was prompted by a break below EMAs and bearish MACD crossover, resulting in a small loss; however, the subsequent recovery above both averages without volume capitulation indicates the downtrend was short-lived, providing a better entry point now at around 476 compared to the prior 476.73 buy. This change in price action—re-establishing above key levels—justifies re-entering sooner than usual, as it differs from the stalling momentum that led to the exit.

Fundamentally, Linde benefits from its position in industrial gases, with potential tailwinds from global energy transition and hydrogen projects. A quick search reveals recent positive news: reports of Linde expanding clean hydrogen production capacity in the US, classified as bullish due to credible announcements from the company, timeliness with ongoing energy shifts, and potential for positive market reaction amid rising demand for sustainable tech. No major bearish items like regulatory issues or supply chain disruptions surfaced. Unusual options activity shows increased call buying in out-of-the-money strikes for October, hinting at bullish sentiment, though I disregard direct recommendations.

No earnings or major catalysts in the next 3 days; the next earnings date is expected around October 31, 2025, based on historical patterns (last was August 1, no Q3 date confirmed yet, but typically end of month). Historical data doesn't support holding through earnings given the 0% surprise and minor negative reaction last quarter.

Simulating based on past patterns, similar rebounds from support in uptrends (e.g., mid-August bounce from 466 leading to highs near 483) have held for weeks without whipsaw, with a win rate over 50% in comparable setups over the last 6 months, avoiding past mistakes like holding through stalls. Risk/reward favors long, with stop near 466 support and target 487 resistance, aiming for a multi-week hold unless EMAs break.