Himalaya Shipping Ltd

The stock remains in a high-confidence Stage 2 advance with a clear higher-high, higher-low regime above a rising 50 DMA. Short-term EMAs have flattened and now resist rallies, while price is pulling back into the rising 50 DMA support zone. Volume behavior still favors up-days, but timing conditions are neutral, warranting deferred engagement until clear acceptance at support.

• ↑Q1 net profit of $5M vs a $6.4M loss YoY.
• ↑EBITDA increased to $24.5M, reflecting strong cost management.
• ↓Vessel OPEX rose to $7.4M in Q1 from $6.9M YoY.