NACCO Industries Inc

NC remains in a Stage 2 uptrend with price breaking above recent consolidation and EMAs sloping higher; however, extreme overbought conditions and elevated Options Score suggest waiting for a pullback into the rising EMA zone around prior resistance before initiating a position.

• ↑Consolidated Q2 revenue of $72.3M, +6% YoY
• ↑Gross profit reached $15.2M, up 123% YoY
• ↓Recorded $12M impairments on solar projects causing $2.3M loss