Insight Enterprises Inc

NSIT is in a Stage 2 advancing phase with a strong medium-term bullish bias driven by rising EMAs and an active Parabola pattern. However, price is extended into overbought territory above the 9 and 21 EMAs, warranting caution. We will defer entry and stalk for a shallow pullback into the rising EMA zone to participate in the continuation, while remaining mindful of long-term resistance under the declining 200DMA.

• ↑Q1 net revenue of $2.1 billion (+1% YoY) with cloud gross profit up 35%.
• ↑Gross margin expanded to 21.7%, driven by higher‐margin cloud and services.
• ↓Total debt climbed to ~$1.5 billion from $961 million, elevating leverage risk.