Badger Infrastructure has been on a tear, putting up a 110% gain over the last year and consistently hitting new highs. The business model is simple but effective: they own the market for safe, non-destructive digging across North America. Right now, the fundamentals are actually keeping pace with the stock price and they’re seeing double-digit revenue growth and expanding their margins because they're getting more work out of every truck they own.
From a technical perspective, the stock is taking a breather, which is exactly what we want to see after a big run. It’s consolidating on low volume just above bouncing off its 50-day moving average, and the RSI has cooled down to a neutral 52. This looks like a classic pullback entry for a momentum trade.
Could be worth a watch.
From a technical perspective, the stock is taking a breather, which is exactly what we want to see after a big run. It’s consolidating on low volume just above bouncing off its 50-day moving average, and the RSI has cooled down to a neutral 52. This looks like a classic pullback entry for a momentum trade.
Could be worth a watch.
Note
Big run into blue sky after that pull back.
NOT TRADING ADVICE. ALWAYS DO YOUR OWN RESEARCH.
MY CUSTOM INDICATOR TO FIND TRAILING STOPS: SuperTrail.io
MY YOUTUBE CHANNEL WITH TRADINGVIEW TIPS: YouTube.com/@zAngus
MY CUSTOM INDICATOR TO FIND TRAILING STOPS: SuperTrail.io
MY YOUTUBE CHANNEL WITH TRADINGVIEW TIPS: YouTube.com/@zAngus
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
NOT TRADING ADVICE. ALWAYS DO YOUR OWN RESEARCH.
MY CUSTOM INDICATOR TO FIND TRAILING STOPS: SuperTrail.io
MY YOUTUBE CHANNEL WITH TRADINGVIEW TIPS: YouTube.com/@zAngus
MY CUSTOM INDICATOR TO FIND TRAILING STOPS: SuperTrail.io
MY YOUTUBE CHANNEL WITH TRADINGVIEW TIPS: YouTube.com/@zAngus
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.