Deja Vu in Motion: OKLO's Chart Pattern Signals Another Potential 11x Rally

Market cycles tend to repeat themselves in ways that create striking parallels for observant investors. Today, small modular reactor leader OKLO presents a fascinating deja vu moment—one that mirrors a pattern from just over a year ago. This time, however, the supporting catalysts are even more compelling, and the technical setup mirrors what preceded a massive 1,075% rally in April 2024.

The concept of recognizing patterns isn’t new to investing. Jesse Livermore, the legendary stock speculator, once observed that Wall Street operates in cycles: “There is nothing new in Wall Street. There can’t be because speculation is as old as the hills.” While markets never repeat exactly, they frequently rhyme—and studying these rhythms can provide investors with a strategic advantage.

The Deja Vu Setup: OKLO’s Familiar Technical Pattern

OKLO shares are currently tracing an almost identical correction pattern to what occurred in April 2024. Back then, the stock endured a zigzag decline where the initial leg was the steepest, ultimately dropping roughly 70% before finding support at its rising 200-day moving average. From that inflection point, OKLO rocketed from approximately $17 per share to nearly $200—a staggering move that rewarded early pattern recognition.

Fast forward to present: OKLO has again formed that same zigzag structure, has declined approximately 63.44%, and has recently stabilized around its rising 200-day moving average. The technical deja vu is unmistakable. While no pattern guarantees future results, the repetition of this formation presents a setup worth monitoring closely.

This type of historical parallel isn’t unprecedented in the market. Paul Tudor Jones famously predicted the 1987 Black Monday crash by overlaying a chart from the 1929 crash as precedent. Similarly, in 2024, observant analysts noted striking parallels between Google’s 2004 IPO U-turn base structure and CoreWeave’s 2025 IPO formation—a comparison that proved prescient when CoreWeave delivered approximately 118% returns that year.

Energy Demand Meets Nuclear Innovation: The Fundamental Catalyst

Beyond the technical setup, OKLO’s fundamentals are now aligned with a powerful industry tailwind. President Donald Trump has signaled that large technology companies will not be permitted to increase consumer electric prices through their massive data center power demands. This message carries weight: tech giants must secure their own power supplies.

Microsoft, one of the world’s largest datacenter operators, has already committed to significant energy consumption changes to ensure “taxpayers do not pick up the tab” for powering their infrastructure. This corporate pivot creates urgency.

The numbers are striking: approximately 33% of planned data centers will operate independently from the traditional grid. This percentage is expected to grow. Off-grid data centers require reliable, efficient power sources—precisely what small modular reactors (SMRs) are designed to provide. For OKLO, this represents a generational shift in demand dynamics.

Meta Partnership: Validation of OKLO’s Vision

The company recently achieved a major milestone by securing a partnership agreement with Meta Platforms to develop a 1.2 GW energy campus. This isn’t simply a contract—it’s validation that the technology works at scale and that one of the world’s largest corporations is willing to commit significant resources to it.

When blue-chip companies make strategic power commitments to nuclear technology providers, it signals confidence in both the technology and the business model. Such partnerships typically herald broader industry adoption.

The Convergence of Technical and Fundamental Strength

OKLO represents a rare deja vu setup where technical patterns align with transformative industry fundamentals. The April 2024 chart structure is repeating, but this iteration has additional layers of support: corporate energy independence mandates, data center power constraints, and now a marquee partnership agreement.

While past performance is never a guarantee of future results, the intersection of compelling technical setup and accelerating fundamental catalysts has historically preceded significant market moves. OKLO’s deja vu moment may be worth closer observation for investors tracking the convergence of energy trends and nuclear innovation.