LGN

LGN remains in a Stage 4 decline with a clear lower highs and lower lows sequence, reinforcing a bearish medium-term bias. Rallies are consistently capped beneath the declining 9, 20, and 50 EMAs, and price is extended below these averages in extreme oversold territory, making immediate selling unfavorable. Execution should be deferred, trimming into rallies toward the falling EMA cluster while watching for rejection at these resistance zones.

• ↑Q1 revenue +105% YoY to $1.04 B; Bowers added ~$240 M
• ↑Backlog jumped 104% YoY to $5.4 B, boosting forward visibility
• ↓Negative profitability metrics reflect margin headwinds in services