Rimini Street Inc

Price has recently broken out above consolidation with strong volume and uptrending EMAs, aligning with upward medium-term asymmetry signaled by the Momentum Breakout and Pivot Point patterns. However, price is now extended and overbought on short-term indicators, so immediate execution is deferred for a pullback into key support near rising EMAs or the prior consolidation range. Medium-term bias remains bullish given Stage 1 basing and strong pattern implications, anchored by the long-term uptrend.

• ↑Q2 revenue of $111.1M (+6.7% YoY) with ARR at $401.1M (+8.1%)
• ↑Subscription retention steady at 90%, underpinning recurring cash flows
• ↓PeopleSoft support wind-down impacts ~3% of revenues near term