Samsara (IOT) shares of the cloud software name are nearing a big breakout from the recent range and formed a strong weekly bull candle this week like many other growth names since Monday’s gap down. IOT closed back above monthly value area Thursday and now looks poised to move back to the former highs near 42 with earnings not due until early September. IOT recently saw a large buyer on 7/17 for 1300 January 2026 $55 calls that remain in OI.