Newtek One we see breakout of down channel, possibly going $20+
NEWT: Newtek Business Services Corp. 2022-06-21 08:30:00 Newtek Business Services Corp. Announces Stock Repurchase Program
Further drops almost guaranteed as we approach pivot on this one on what is already progressing Wave C. Momentum drops are also evident. Keltner channels, and no doubt, and any other oscillator that we can pull up on this TradingView will give more evidence to the fractal picture we are observing here. We are not in the business of getting every prediction...
got in a while ago, and this is now the best time to long with it. first target ~40. watch your step when trading. GL!
$NEWT is one of the stocks we monitor in our income stock watchlist. I like how it's setting up for a buy here, normally it falls after going ex-dividend, since investors leg into it ahead of the dividend being paid, and exit after receiving it. This is a reliable pattern in this stock. Technicals show price met a downtrend target slightly ahead of time, and as...
NEWT traded in a range of 2 points resistance at 18 and support at 16 after a nice breakout price came back today to retest 18 area a long buyer tail on todays candkestick not quite a hammer but looks bullish
NEWT has been in a nice 3 yr. uptrend and has been forming a wedge for the last 2 months, I expect the uptrend to continue after the wedge breaks past 3.00. Prediction: Profit Target - 3.20 Stop Loss - 2.35