Penguin Solutions Inc (Derivatives) (PENG)

$PENG is bringing its MemoryAI KV cache server to Japan that offloads the KV cache from GPU memory so inference clusters stop buying GPUs just to get more HBM.

Worth noting that the system runs on $NVDA Dynamo and can reportedly reduce memory costs by more than 85%. https://t.co/vyvVbsSZY6

$PENG Weekly Gann Square View

Spectacular market symmetry. Check out the accuracy of that Gann chart for support and resistance levels

Spectacular break above the Gann arc and a straight up move towards the next level, the horizontal resistance at $80.

Would I personally chase here at resistance? I'd rather not.

But congrats to all who bought early.

Very important to break this resistance. Otherwise, the uptrend will pause.