BK Technologies Corp

Price remains in a clear Stage 4 downtrend with sequential lower highs and lower lows below declining EMAs. Medium-term bias is bearish fueled by distribution volume and consistent resistance at the 9/21/50 EMA cluster. Short-term timing is neutral as price lies below sloping EMAs without a defined rally or rejection pattern. The recommended approach is to trim into any interim rallies toward the EMA resistance zone, looking for a rejection and continuation of the downtrend.

• ↑Q2 revenue grew 10.6% YoY to $23.4M, beating estimates
• ↑Gross margin expanded to 51.9% from 47.4% YoY on higher-margin products
• ↓Effective tax rate rising from 16% to 26% will lower EPS by ~$0.42