Bristow Group Inc

VTOL is in a Stage 3 distribution phase with an active Support Failure pattern confirming a medium-term bearish bias. Price sits below declining EMAs and recently broken horizontal support, signaling continued downside pressure. However, extreme oversold conditions raise the risk of a relief bounce, making immediate selling less optimal. Execution should be deferred, waiting for a bounce into the 9/20 EMA zone as an improved selling opportunity.

• ↑Q2 adjusted EBITDA guidance of $295–325M implies ~25% YoY growth.
• ↑Berry Aviation acquisition immediately accretive to earnings and free cash flow.
• ↓Ongoing supply chain challenges have led to aircraft availability penalties.