i like wolverine here and this is why:
The stock had a nice uptrend since the last earnings and then start to relax a little bit and did a correction. The upmove was very strong and had a lot of volume. After that, the stock slow down for a time with low volume ( People are taking profit and not a lot of people are buying) and then today , the stock did a nice gain with high volume. The stock continued his previous uptrend. So we see a nice upmove on the upside from earnings, then the stock slow down, took a break and then today we see a continuation from the previous trend with good volume. Since the stock has already 4 days in a row on the upside, i will wait for the correction to buy it around the support line.
The stock had a nice uptrend since the last earnings and then start to relax a little bit and did a correction. The upmove was very strong and had a lot of volume. After that, the stock slow down for a time with low volume ( People are taking profit and not a lot of people are buying) and then today , the stock did a nice gain with high volume. The stock continued his previous uptrend. So we see a nice upmove on the upside from earnings, then the stock slow down, took a break and then today we see a continuation from the previous trend with good volume. Since the stock has already 4 days in a row on the upside, i will wait for the correction to buy it around the support line.
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.