Fundamentals: Badger Meter specialized in water and fluid meters. Solid growth and sales. Good earnings stability. Technicals: cup-with-handle breakout with volume 5EMAs pb strategy shallow pb breakout
Title says it all for this chart on the daily timeframe for BMI Previously a resistance point, currently a support Price at the prior resistance hit the upper band of a channel in grey A smaller channel can be drawn supporting possible bullish movement (in green) at the current support area.
Overbought for no reason, earnings tomorrow morning. It;s not even a tech stock, lol.
Only thing keeping this from being a perfect entry is the Span A is still just a hair under Span B. Based on the rest of the chart I am willing to let that skate as this is another ticker that looks primed to get back to ATH soon and we don't want to be late getting in