Malibu Boats just got some big analyst upgrades on the strength of upward earnings revisions. It's been in a gentle upward channel, but I actually think it could break out and establish a steeper upward channel leading up to earnings in September. Watch for the upside channel breakout and then buy the pullback.
As always, this does not constitute investment...
First a very nice creep up, then ran up the flag pole and resistance transitioned into support.
..then a flag pattern.. now a bull flag. Very, very nice!
