Long Position on LMB @ $42.00 on 12/13/2023 (Momentum)

Limbach Holdings, Inc. (LMB) operates as an integrated building systems solutions company in the United States.

Upward Trading ChannelIt operates in two segments, General Contractor Relationships and Owner Direct Relationships.

The company engages in the design, prefabrication, installation, management, and maintenance of mechanical, electrical, plumbing, and control systems, as well as heating, ventilation, air-conditioning (HVAC) system.

Its facility services comprise mechanical construction, HVAC service and maintenance, energy audits and retrofits, engineering and design build, constructability evaluation, equipment and materials selection, offsite/prefabrication construction, and sustainable building solutions and practices.

The company serves research, acute care, and inpatient hospitals; public and private colleges, universities, research centers; sports arenas; cultural and entertainment facilities, and amusement rides and parks; and life sciences, including organizations and companies, whose work is centered around research and development focused on living things.

The company was founded in 1901 and is headquartered in Warrendale, Pennsylvania.

As the stock has constantly proven positive earnings for the last four quarters, share prices should head higher along it's bullish upward trading channel.

Entry Point: $42.00

Trading Range: $11.95 - $47.25

Stop Loss: $40.00

Target Price: $46.00

Position closed on 12/27/2023 at price of $46.35 with a 10.36% gain in 14 days.

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