ALH

ALH has just broken a long-standing horizontal support level with a decisive red candle and elevated volume, signaling distribution dynamics. Price is now extended below the key EMAs and trading in oversold territory, but no clear exhaustion reversal pattern is present. Medium-term bias is bearish based on the support failure and likely Stage 4 distribution, while the short-term setup favors continuation. We recommend immediate sell-side participation at the breakdown zone.

• ↑Q1 2026 revenue $427M (+10% YoY) and adjusted EBITDA $109M (+9% YoY) reflect broad-based demand.
• ↑Net leverage trimmed to 2.4x after $50M Q2 paydown (YTD $115M), strengthening the balance sheet.
• ↓$4.5M tariff headwind in Q1 and rising energy costs pressure margins.