May. 3 at 4:23 PM
$HUBB — The Setup Nobody Is Talking About
Beat earnings. Stock sold off 8%.
That's not weakness. That's the setup.
The fundamentals first.
Q1 2026:
→ Data center revenue +40%
→ EPS
$3.93, +16% YoY
→ Organic growth +8%
→ Full year guidance raised
Beat on every line. Stock dropped anyway.
Here's why.
Price ran to
$565 into earnings.
Swept the weak high. Took liquidity above.
Then flushed 8% on a beat-and-raise.
That's not distribution. That's smart money resetting before the next leg.
The technical picture.
Weekly: bullish structure intact. POI at
$481.
Daily: bullish CHoCH printed. HH/HL sequence holding.
4H: internal bearish leg - hunting sell-side below.
15M: weak low at
$499. That's the next target.
The play.
One more flush toward
$499–
$481.
Sweep the weak low.
Bullish CHoCH confirms.
Then
$520 →
$533 →
$565.
The options market already knows.
August
$520 calls — 400 contracts, single print.
$480 put wall — 307 OI. That's the floor.
Someone positioned for exactly this move.
