DNOW Inc

DNOW is in a Stage 2 advance with long- and medium-term biases bullish, trading above rising EMAs. A Bullish Exhaustion pattern prompted a pullback into the 9/20-day EMA zone, and price is now holding support near the current pivot. RSI remains neutral and volume shows support, offering a favorable re-entry for continuation. Execute now on the pullback into rising EMAs.

• ↑Q2 revenue rose to $1.3B, +10% sequentially (US +13%)
• ↑Adjusted EBITDA reached $60M, boosting margin to ~4.6%
• ↓Ongoing ERP integration drives elevated costs, pressuring margins