Apr. 28 at 12:10 AM
$TGLS — Tecnoglass. Best-in-class hurricane glass and architectural windows. Record backlog entering 2026 = strong demand signal. Then April 2 aluminum tariffs landed —
$50M EBITDA hit, guidance cut to
$225–245M. Management responding: pricing actions May, logistics/automation efficiencies, full offset by 2027. B. Riley Buy
$65. DA Davidson Buy.
8H chart shows the descending wedge from
$89 compressing to the apex at
$44.40 VPVR POC. RSI recovering. Q1 earnings April 30 is the resolution catalyst.
🐂
$45 holds + April 30 shows record backlog converting →
$51 →
$55 →
$59 →
$63 analyst PT
🐻
$44.40 POC breaks →
$42 →
$39.73 52-week low
⚠️ The tariff cut is already known. The backlog is the unknown — if it's converting at record rates, April 30 blows the wedge upward. Pricing power + Colombia cost base + record visibility = the bull case. Wedge apex + POC alignment + Q1 earnings = the setup.
$50M tariff hit already priced in — does the record backlog do the rest on April 30? #hovdid