$BCPC quietly showed up on my scanner this week.
This isn't an AI hype stock.
This isn't a momentum chase.
Balchem is a SmallCap 600 company serving food, nutrition, pharmaceuticals, and animal health.
The business continues to execute.
Latest quarterly results:
• Revenue: $270.7M (+8.1% YoY)
• Net earnings: $40.3M (+8.7%)
• Adjusted EBITDA: $74.3M (+12.1%)
Now the chart is starting to line up.
Price is building what looks like a Cup and Handle while holding a higher low.
If buyers can break the handle, the measured move projects toward the $200 area.
Maybe it gets there.
Maybe it doesn't.
That's why I build roadmaps instead of predictions.
The wave count shows the path.
Price decides if it wants to follow it.
I trade charts, not stories.
Let's circle back in a month or two and see if the roadmap played out.
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