Energy Services Of America Corp

ESOA is in a Stage 2 advancing trend with both long- and medium-term uptrends intact, reinforced by a bullish Devil’s Bargain pattern riding above rising EMAs. However, extreme overbought conditions and extension above the EMAs suggest caution; participation is best deferred into pullbacks and structural support rather than chasing current highs.

• ↑Record revenue & EBITDA growth in latest quarter.
• ↑Strong project backlog and 392K share increase by hedge funds.
• ↓Negative earnings yield undercuts valuation appeal.