Northwest Natural Holding Co

In a Stage 2 consolidation, NWN is oversold on a pullback into its moving-average cluster near the lower end of its range, offering a tactical mean-reversion entry. We will Buy Now on this pullback into support around the flattened EMA cluster, watching for volume pickup and reclaim of EMAs to confirm continuation higher.

• ↑Oregon rate approval adds $93.3M revenue annually
• ↑Texas segment achieved 15%+ organic customer growth; 260K-meter backlog
• ↓Negative profitability drivers: rising O&M, depreciation and financing costs