The OKLO Deja Vu Pattern: Why History's Echo Could Signal a Major Opportunity

Wall Street follows rhythms that repeat far more than most investors realize. When legendary speculator Jesse Livermore observed that “there is nothing new in Wall Street,” he wasn’t exaggerating—the same cycles, crashes, and rallies have played out for centuries. While history rarely repeats with perfect precision, it often rhymes with uncanny accuracy. This deja vu phenomenon is precisely what we’re witnessing in OKLO, the small modular reactor (SMR) nuclear technology leader, today.

Studying historical patterns provides investors with a crucial edge. Consider the 2025 performance of CoreWeave (CRWV), which mirrored Google’s (GOOGL) 2004 IPO U-turn base formation—delivering a stunning 118% return to those who recognized the parallel. Similarly, Paul Tudor Jones predicted the devastating 1987 “Black Monday” crash by overlaying 1929 charts. These aren’t coincidences; they’re evidence of market memory and repeating technical structures.

Technical Deja Vu: When OKLO Echoes Its Own History

Here’s where OKLO becomes fascinating. The company’s current chart pattern mirrors its April 2024 formation with striking precision—a textbook deja vu setup that savvy traders should understand.

In 2024, OKLO correction played out in classic zig-zag fashion, with the initial leg being the longest. The stock pulled back approximately 70% before finding support at its rising 200-day moving average. What followed was explosive: shares surged from roughly $17 to near $200 per share.

Fast forward to 2026. OKLO has created an eerily similar pattern. The company has retraced about 63.44%—strikingly close to the 2024 decline—and recently bounced from its rising 200-day moving average. While chart patterns offer no guarantees, the technical setup is undeniably compelling. If this deja vu plays out even partially, the profit potential is substantial.

Why This Time Is Different (And Why It’s Better)

The previous 2024 setup had solid fundamentals, but today’s environment presents far more powerful catalysts. The nuclear energy space has transformed dramatically.

President Donald Trump has made clear that major technology companies building energy-intensive data centers cannot pass costs to consumers. They must source their own power. Microsoft (MSFT) has already committed to significant operational changes to ensure taxpayers “don’t bear the burden” of data center electricity. More broadly, research indicates that 33% of planned data centers will operate independently from the grid—a trend poised to accelerate. This structural shift creates massive tailwinds for small modular reactor providers like OKLO.

The company is capitalizing on this moment. Most notably, OKLO recently signed a landmark agreement with Meta Platforms (META) to develop a 1.2 GW energy campus. This isn’t speculation—it’s concrete validation from one of the world’s largest technology companies that OKLO’s nuclear solution addresses a real, urgent need.

The Bottom Line: When Deja Vu Meets Momentum

Technical patterns on Wall Street undoubtedly repeat. OKLO’s current formation mirrors its 2024 performance with remarkable fidelity. But here’s what makes this deja vu setup different: the company now carries substantially stronger catalysts. Energy-hungry data center development, government policy tailwinds, and landmark partnerships create an environment far more supportive than the previous cycle.

History doesn’t guarantee future results, but when technical patterns align with fundamental acceleration, the setup commands serious attention from growth-oriented investors.

Disclaimer: This analysis is for educational purposes. Past performance does not guarantee future results. All investment decisions carry risk. Consult a financial advisor before making investment choices.