Mastercraft Boat Holdings Inc

Following a decisive Momentum Breakout within Stage 2, the medium-term bias remains bullish underpinned by a rising 50 DMA. However, price is extended above the EMAs and showing extreme overbought readings, so we defer entry and look to stalk for a pullback into the rising 9/20/50 EMA cluster before committing.

• ↑Net sales rose 3% YOY to $78.2M; Q3 adj. EBITDA jumped 43% to $10.7M (13.7% margin)
• ↑Raised FY guidance to $312M net sales and $40M adj. EBITDA
• ↓Profitability concerns persist as margin conversion may lag peers