Broken out quite so beautifully - seems pretty bullish atm - price target is based on the distance from bottom to top of the falling wedge. Will be interesting to see what happens the next weeks, before they get included in Rus 2000. Expecting resistances at fib-levels, seems like they are respected currently.
To be honest its not looking good right now. The green area is where you can see all the new bag holders from this pump and dump. Right now you're just gonna have to wait out the correction and HODL. On a positive note this company has great financials and will grow over time. It is also undervalued and oversold. On the flip side this stock has alot of short...
On the daily timeframe we see a bearish spinning top on the uptrend which suggest a bearish reversal. I like the stock but we have to follow market sentiment. This will drop lower. See levels of support. Don't get caught holding a bag. Avg down or stay out the fire.
UWMC popped in sympathy with RKT and then dropped with RKT as well. It is now sitting at the 50% retracement which is a great buying opportunity. Loading up here. Bullish Thesis: Insider Director just bought 60,000 shares on 3/1/2021 P/E ratio of around 5 is extremely low compared to the rest of the market Earnings coming March 22 It pays a 4% annual dividend. Ex...
LONG-TERM: Bullish deep crab harmonic pattern, with a double bottom at the PCZ. Also local bullish divergence developing. (not financial advice and the market is currently volatile)
I covered UWMC when it was GHIV. I had lots of hopes for this stock as they have killer financials and a hot recovering sector. UWMC was the first stock I put too much emotion in and ended up being my biggest lost so far. UWMC has been beaten down to $7 since their merger. On the daily chart we see that the bulls are finally in control. MACD crossing up and RSI...
Not the cleanest breakout from a falling wedge but a clear breakout from a falling pattern.
$UWMC, 2 minute analysis, i actually like this to be honest, see chart
Great conversations happening here: Reddit r/UWMCShareholders