It is just above the trendline. There are assumptions; 1. Cup w handle 2. Going down to $9.2 will create unconfirmed 123 pattern. for both pattern , $12.60 will be the confirmation resistance.
Hi! This looks like a good spot to pick up UNFI. Grabbing some at 11.81 with a target of 12.50. Remember, apply your own plan. The best we can do for each other is point out promising setups.
It is just on the edge of wedge. Rsi is powerful and weekly volume is great. Next week will tell us the direction.
Wholesale food dist Needs to break first level and then we are golden
Technical and Fundamental indicators show strong growth in the next few months. This company made a recent acquisition (Supervalu) and as per the company's strategy standpoint, it is a good move for expanding the supply chain and offer more product line to the customer. Good buy for swing as well as value investors.
Beautiful example right here. Note the volume spike with the handle.