VMI

 VMI

VALMONT INDUSTRIES INC









Valmont Industries, Inc. engages in the manufacture of products and services for infrastructure and agriculture markets. It operates through the Infrastructure and Agriculture segments. The Infrastructure segment includes five primary product lines such as Transmission, Distribution, and Substation, Lighting and Transportation, Coatings, Telecommunications, and Renewable Energy. The Agriculture segment produces mechanized irrigation equipment and related services. The company was founded by Robert B. Daugherty in 1946 and is headquartered in Omaha, NE.

Nice tight bottom bounce setup with clear MA coil. This should be another short live A to B trade looking for a rip off of the bottom. Too much distnace between MAs on HTFs.

Not the highest scoring name ive taken, but financials clearly indicate its oversold. ATH in income and rev and yet stock is down 40% from ATH and we have just seen out first bounce that reclaimed and held levels. Financials have dippped a bit but nothing that warrants as big of a drop as we had. 

The HTF MAs also add conviction for a better dip buy/ bounce here.

2/11

Great moves. Indsutry OK. Good vol as well. I like the looks. 

Theres just too much in the way still. 242 Monthly 9ma, 244 bottom of vol prof zone. Falling TL from a year ago at 240 and Andh Vwap from pivot high also touching now. 

Frequent days notihng speical. 

Overall nothing special happening here. No reason to let this turn against me, will vut sooner than later if needed. 

229 stop. 




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