Impinj Inc

PI is in a Stage 2 advance with rising EMAs and intact uptrend, but the Bullish Exhaustion pattern at prior highs and overbought conditions suggest a modest pullback. A cleaner interaction zone arrives near the rising 9/20 EMAs around 171–168.85. Timing is neutral now; patience for a shallow pullback into support is advised for momentum-based entries.

• ↑Q2 revenue $108.4M, +46% sequentially and +11% YoY.
• ↑Endpoint IC revenue $96.4M, +53% sequential, strong demand signal.
• ↓Profitability remains weak, limiting conversion of revenue into profits.