Today's watchlist features AppLovin (NASDAQ: APP) and Sandisk (NASDAQ: SNDK), both in focus following key earnings updates. While one faces near-term technical pressure despite positive guidance, the other delivered strong quarterly results and could offer an attractive buying opportunity on a pullback. AppLovin (NASDAQ: APP) AppLovin reported Q2 EPS of $3.77, beating analyst expectations by $0.02, while revenue of $1.92 billion came in approximately $20 million below estimates. The company guided Q3 revenue to $2.055B–$2.085B, supported by continued model-driven growth and AI initiatives, although higher compute spending remains a key expense. Technical Levels Support: 330 / 320 Resistance: 350 Trade Setup APP remains under pressure after earnings. Unless the stock reclaims the 350 resistance, the near-term bias remains bearish, with downside targets toward the 330–320 support zone. Sandisk (NASDAQ: SNDK) Sandisk delivered a strong quarter, reporting non-GAAP EPS of $39.25, $9.0 billion in revenue, and $94 billion in Net Bookings (NBMs). The results highlight continued strength in memory demand and enterprise storage markets. Technical Levels Support: 1175 Resistance: 1225 Trade Setup Rather than chasing strength, traders may consider waiting for a pullback toward the 1175 support level, which could provide a more favorable long-entry opportunity if buyers step in. Key Takeaways APP: Mixed earnings with strong guidance, but technical weakness keeps the short-term outlook cautious. SNDK: Strong quarterly performance with potential buying opportunity near support. Focus on price action around the highlighted support and resistance levels before initiating new positions. Disclaimer: This watchlist is for educational and informational purposes only and should not be considered financial or investment advice. Always conduct your own research before making investment decisions. photo_2026-08-06_09-59-30.jpg