Helix Energy Solutions Group Inc

HLX remains in a Stage 2 corrective advance with a clear higher-high/higher-low structure and rising EMAs; however, price is currently extended above the 9EMA/21EMA and RSI is approaching overbought territory, so defer entry until a shallow pullback into the rising short-term EMA support zone for better execution alignment.

• ↑Q1 free cash flow of $59M and $501M cash strengthen liquidity
• ↑Merger with Hornbeck Offshore targets $75M in synergies over three years
• ↓Q1 net loss of $13M highlights cost and margin pressures