Last Updated on 25/09/2026
- Seven U.S. stocks are displaying potential bottoming and reversal patterns following recent declines.
- Some bullish setups have already been confirmed, while others still require key breakouts to validate the reversal.
- Moving averages, resistance levels and Fibonacci retracement zones remain important for confirming whether these recoveries can continue.
Seven U.S. stocks that have recently come under pressure are now showing potential signs of forming a bottom, with their technical charts suggesting further upside if key resistance levels are broken. The setups include double-bottom formations, bullish divergences and broader multi-stage reversal patterns.
The stocks highlighted for their potential reversal setups are Vir Biotechnology (NASDAQ: VIR), Meta Platforms (NASDAQ: META), Microsoft (NASDAQ: MSFT), Nvidia (NASDAQ: NVDA), Morningstar (NASDAQ: MORN), HCA Healthcare (NYSE: HCA) and KLA Corp. (NASDAQ: KLAC).
The price objectives discussed below are technical projections derived from chart patterns, breakout points, moving averages and Fibonacci retracement levels. They should be viewed as potential technical targets rather than fundamental valuations or guaranteed price levels.
InvestingPro can provide additional data for this type of analysis by combining technical information with company fundamentals, valuation metrics and historical market data. The platform offers financial data, stock screeners, watchlists, charts and historical indicators that can help investors evaluate stocks from multiple perspectives.
The seven price objectives discussed here are derived from the technical patterns and indicators described for each stock and are not generated by WarrenAI.
Vir Biotechnology
Vir Biotechnology has moved above a key resistance level, triggering a double-bottom formation and strengthening the potential for additional upside. The breakout was accompanied by a particularly strong trading session, with the stock rising nearly 20%.
VIR closed at $11.09 on Sept. 23, after moving between $10.85 and $11.53 during the session. Its current 52-week range extends from $4.82 to $11.94.
The chart also identifies the 61.8% Fibonacci retracement from the latest decline as a potential resistance zone.
The main technical development is the confirmed breakout and activated bottoming pattern. Whether the recovery continues will depend partly on how the stock responds to the next resistance and Fibonacci levels.
Meta Platforms
Meta Platforms confirmed a bottoming formation after breaking above $690.32. The move triggered a double-bottom pattern with a minimum technical projection near $848.
Meta ended Sept. 23 at $744.10 after reaching an intraday high of $763.90. Its current 52-week range stands at $520.26 to $770.60, leaving the stock relatively close to its recent high.
The technical setup is also supported by a bullish gap and improving valuation metrics. The 200-day moving average has been trending upward, while the stock has been rebuilding from that area.
The activated pattern points to a minimum technical objective of $848. Before that level becomes relevant, the previous high near $770.60 represents an important resistance reference.
Microsoft
Microsoft has likewise activated a bottoming pattern, producing a minimum technical objective near $572. However, the stock must first overcome resistance around $550.
Microsoft closed at $500.59 on Sept. 23, with the session range extending from $495.88 to $509.44. Its current 52-week range is $349.20 to $553.72.
Several technical support areas can be identified on the daily chart. A bullish gap remains below the current price, while the rising 200-day moving average provides another potential support zone.
With the $550 area sitting close to the current 52-week high, it remains an important hurdle before the projected $572 target can come into focus.
Nvidia
Nvidia has developed a rectangular double-bottom formation, which carries a minimum technical projection of approximately $237.40.
The stock closed at $225.66 on Sept. 23 after trading between $224.02 and $228.95.
Nvidia previously struggled to break through its record-high resistance area, but the double-bottom setup remains active. A move above the previous high around $236 would provide an additional bullish signal and could trigger a second technical objective near $260.80.
The moving-average area and the $207 region represent key initial support levels. As a result, Nvidia currently presents a two-stage technical setup: the existing double-bottom target followed by a potentially larger objective if the previous high is decisively cleared.
Morningstar
Morningstar is showing a different type of potential bottoming formation. Instead of a traditional double bottom, the setup is based on bullish divergence, indicating that momentum has improved following the stock’s decline.
Morningstar finished Sept. 23 at around $200.38, after trading between $195.23 and $202.35.
The technical pattern suggests a minimum objective near $234. The moving-average area provides an initial support reference, while the previous-high region around $187-$194 is another important technical zone.
The 61.8% Fibonacci level near $171 offers an additional support reference if the recovery begins to weaken.
With the stock trading around $200, the $234 objective remains dependent on continued momentum and confirmation that the reversal can be sustained.
HCA Healthcare
HCA Healthcare has also triggered a bottoming formation, with the pattern producing a minimum technical projection near $498.
HCA closed around $436.48 on Sept. 23 after trading between $433.83 and $446.36. Its current 52-week range is approximately $353.99 to $556.52.
One factor to monitor is the direction of the 200-day moving average, which remains in a downtrend. Although the moving average appears to be attempting to turn upward, confirmation of that change would provide additional support for the reversal setup.
Initial support is located around the moving-average area, followed by the $395.27 level. A decline below $353.34 would invalidate the bullish technical projection.
On the weekly chart, HCA is also attempting to form a bottom near its rising 200-week moving average. On the upside, the 61.8% Fibonacci level around $476.50 could act as resistance before the stock reaches the $498 objective.
KLA Corporation
KLA is developing a more gradual reversal pattern following a substantial correction from its previous highs. The stock had earlier rallied sharply from its 200-week moving average before forming a concerning candle near its highs and subsequently pulling back.
KLA closed at $187.86 on Sept. 23 after trading between $181.73 and $188.00.
The first major confirmation level is $190.87, which is significant because the stock reached an intraday high of exactly $190.87 on Sept. 8.
A breakout above $190.87 would activate a smaller double-bottom formation, carrying a minimum projected target near $214.56.
The setup could then develop into a larger reversal if KLA moves above $214.56. Such a breakout would activate a broader triple-bottom pattern with a minimum technical objective around $255.
This creates a two-step technical scenario. The initial hurdle is the $190.87 breakout, followed by the $214.56 level. A sustained move above the second threshold would bring the larger $255 projection into focus.
Final Thoughts
All seven stocks share a similar technical theme: after experiencing declines, they are now showing signs of potential bottom formation. Several have already confirmed their bullish patterns, while others still require additional breakouts before their larger technical objectives become active.
These levels are based on technical chart patterns and should be treated as potential scenarios rather than guaranteed outcomes. Investors should conduct their own research and consider their individual risk tolerance before making investment decisions.
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