Pagaya Technologies Ltd

PGY remains in a Stage 2 advancing medium-term structure backed by a clear higher-high, higher-low sequence and rising EMAs. Despite the late-June Bullish Exhaustion indicating some momentum fatigue, the recent pullback into the 9/21 EMA support has held, aligning with continuation participation. With EMAs and the 50 DMA sloping upward and no decisive breakdown, execution favors Buy Now on the current pullback near EMA support per the speculative strategy’s preference for asymmetric continuation entries.

• ↑Q1 revenue $318M, 10% YoY growth; Adjusted EBITDA $94M (29.6% margin).
• ↑Five straight profitable quarters; GAAP net income $25M confirms stability.
• ↓Leverage ratio elevated; debt management could strain cash flows if rates rise.