Linde PLC

LIN remains in a clear Stage 4 declining phase with active Lower Highs & Lower Lows and Support Failure patterns confirming medium-term bearish structure. Short-term price has reached an oversold support zone (460–465) and is extended below major EMAs, making immediate bearish entries suboptimal. Execution should be deferred to a rally into the 473–480 resistance cluster—where the 20-EMA, 50-SMA, and trendline converge—for rejection-based trimming. Primary risk is a relief bounce from extreme oversold conditions that delays further downside.

• ↑Q2 revenue $9.3B (+9% YoY); EPS $4.50 (+10% YoY) driven by strong demand
• ↑Record $11.1B backlog offers visibility in electronics and clean-energy markets
• ↓U.S. home care segment underperforms amid policy changes, denting margins