Turning Point Brands Inc

TPB is in an early Stage 1 consolidation after a sharp Q1 collapse, with 9/21 EMAs now rising and holding as support. The Bullish Pivot Point pattern confirms downside control has failed and structural repair is underway, while neutral OB/OS context and no exhaustion suggest readiness for an upside breakout. Medium-term asymmetry favors mean reversion higher, and short-term conditions align, making execution favorable now on a move above the base’s upper boundary.

• ↑Q1 revenue $124.3M (+16.8% YoY) with modern oral sales up 167% (42% of total).
• ↑Raised full-year modern oral sales guidance to $280–300M, highlighting strong momentum.
• ↓Free cash flow was negative $27.4M in Q1 due to heavy marketing investment.