American Battery Technology Co

ABAT remains in a confirmed Stage 4 decline with a decisive support failure signaling sellers in control. Price trades below the declining EMAs and is extended on follow-through weakness, with no exhaustion patterns evident despite extreme oversold conditions. The medium-term directional asymmetry remains bearish under a High Momentum strategy, favoring continuation participation. However, downside extension advises deferring execution until a relief rally into the EMA resistance zone, so we recommend trimming exposure on any bounce toward the 9/20 EMA region.

• ↑Q3 2026 revenue surged 64% QoQ to $7.8 M, demonstrating strong demand
• ↑Achieved first positive gross margin of $2 M, signaling better cost control
• ↓Negative earnings yield and weak profitability underline return challenges