QXO Inc

QXO is in a Stage 4 decline but qualifies for mean reversion, forcing a medium-term bullish bias. Despite this, price remains below declining EMAs and has shown rejection at the 9/21 EMA zone. Short-term timing is unfavorable, so we will defer entry until price shows acceptance into a support area around the prior cycle lows.

• ↑$300M annual synergies expected by 2030 from TopBuild merger
• ↑Projected EPS of $0.49 this year, recovering from past losses
• ↓Negative profitability factors indicate operational inefficiencies