Alimentation new addition

Today I am adding a small starter position to a stock I have been following for a long-time. I was hoping to snag shares at 52$ but the weekly wick did not give me that gift. I have limit orders at 55$ as well. I plan on making this one of my larger OTC holding that I just buy and forget. The company is an amazing business that has been hit hard by interest rates with margin reduction. As rates drop I expect these quality businesses to outperform long-term. You will note the stock loves to respect EMAs. Take a look at the 20,50 and 100 EMA, these are great buy zones depending on the trend. During a clear uptrend that 20 EMA is respected. During washouts we look to the 50, and wicks occasionally give the gift of a visit to the 100.

-This will be up there with my larger quality positions that include Hammond Power Solutions, AVUV (index), Dino Polska, and Brookfield Corporation.