Webull Corp

The long-term downtrend remains intact under the declining 200 DMA, while the Stage 2 advance with clear higher highs and higher lows supports a medium-term bullish bias. An active Bullish Exhaustion pattern at recent highs signals pullback risk, and price is currently pulling back into the rising 9 EMA/21 EMA confluence without breakdown. Our Speculative strategy favors deferred entries into well-defined pullbacks, so we will stalk for a clear acceptance around the EMAs before engaging.

• ↑Q1 2026 revenue $159.9 M, up 36% YoY, driven by trading volume and new clients
• ↑Customer assets reached $24 B (+90% YoY) with 98.4% retention and 800 K new users
• ↓Adjusted operating expenses rose 64% YoY, limiting short-term margin expansion