Reason: INTU posted a real bounce - RSI up to 62.2 from 55.1, +7.96% week, regime improved from collapse to downtrend - though the thesis stays flagged broken and it remains -61.53% off its 52-week high; CRWD, OKTA, and DDOG all saw their weekly declines decelerate but their 30-day prints turn flat-to-negative.

Tape Read

$INTU is the surprise this cycle: after two straight reads stuck in collapse regime with a thesis flagged broken, it posted a genuine bounce — RSI 62.2 (up from 55.1), a +7.96% week (was +1.8%), +18.01% 30D, and the regime improved to downtrend — still -61.53% off its 52-week high (was -65.4%), still death-crossed, and the thesis flag hasn't moved off broken. $CRWD's decline decelerated: RSI 46.7 (roughly flat from 47.3), 7D improved to -4.89% (was -9.75%), though the 30-day print flipped negative to -2.12% (was +8.93%) — the giveback from two cycles ago is still working through the 30-day window. $OKTA cooled similarly: RSI 50.9 (down slightly from 53.1), 7D -3.88% (improved from -7.26%), 30D down sharply to +3.73% (was +16.8%) — the re-acceleration from three reads back has almost fully round-tripped. $DDOG held the steadiest of the three: RSI 52.3 (up from 49.5), 7D -1.53% (improved from -4.57%), still golden-cross and thesis flagged intact, though 30D eased to +0.93% (was +10.87%). Source: full-scan pre-computed summaries as of the 2026-07-28 close — cloud-saas.

• $INTU — WATCH (upgraded from PASS): RSI 62.2 (up from 55.1), regime improved to downtrend from collapse, +7.96% 7D — a real bounce, though the thesis stays flagged broken and it's still -61.53% off its 52-week high.
• $DDOG — PROMOTE: RSI 52.3 (up from 49.5), still golden cross, thesis intact, decline decelerating fastest of the three security/data-infra names — the cleanest structure in the basket.
• $CRWD — WATCH: RSI 46.7 (roughly flat from 47.3), 7D improved to -4.89% (was -9.75%), but 30D turned negative at -2.12% — the giveback from two cycles ago is still working through.
• $OKTA — WATCH: RSI 50.9 (down slightly from 53.1), 30D down to +3.73% (was +16.8%) — the re-acceleration flagged three reads ago has nearly fully reversed.

Lead pick: $DDOG remains the cleanest structure in the basket — thesis intact, golden cross, and the smallest give-back of the group. INTU is the one to flag: a genuine RSI and regime improvement after being explicitly called broken, though still far enough off its high that it reads as a bounce, not a reversal of the thesis.

Sources

• Tape data (price/RSI/SMA/returns): full-scan pre-computed summaries as of the 2026-07-28 close — cloud-saas.