HaseebKhan_90

WY breaking out of an 8 month base!

看多
NYSE:WY   Weyerhaeuser Company
* Great earnings
* Very strong up trend in the long term
* High 3-month relative strength of 1.12 in the Real Estate sector
* Pays out dividends
* Breaking out of a ~8 month cup formation with a depth of ~25.94%
* Attempted to break out a couple of weeks ago but due to current market conditions it had a slight pull back and now is breaking out once again.
* Maximum probable ROI is ~25.94%

Trade Idea:
* You can enter now at today's close if you want to stay in the market.
* Due to uncertain conditions it's better to enter with a small position if not in cash.
* If you're looking for a better entry, you can look for an opportunity around the $40.54 area.

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。