Sprout Social Inc

While the intermediate higher-high, higher-low structure remains intact since May, recent rejection at the 9-day and 20-day EMAs on heavier volume and overbought indicators signal short-term exhaustion. Execution is deferred—stalking for a pullback into the rising EMA zone (20-day down toward 50-day) to secure a higher-probability entry in line with the momentum-driven strategy.

• ↑Q2 revenue $123.8M (+10.8% YoY); 51 net new >$30K ARR customers.
• ↑EPS $1.13 (+37.8% YoY); non-GAAP operating margin 12.9% after 20% workforce cut.
• ↓39% of revenue from sub-$30K clients, that cohort may shrink.