Bridgewater Bancshares Inc

Despite a clear Stage 2 uptrend with higher highs/lows and supportive EMAs, an active double top and extreme overbought readings signal caution. The tradable side remains bullish, but execution is deferred until a disciplined pullback into the rising EMAs can be absorbed, offering a lower-risk entry opportunity.

• ↑ROA exceeded 1% as NIM hit 3.07%, beating targets.
• ↑Net interest income rose 21% annualized to $20 M.
• ↓Core deposits declined 3.5%, increasing reliance on wholesale funding.