AlTorress

WTRH a quarterly gainer,rising +301%.Expect Uptrend continuation

Long
NYSE:NOVA   Sunnova Energy International Inc.
Waitr Holdings (WTRH, $5.34) was one of top quarterly gainers, jumping +301.5% to $5.34 per share. Tickeron A.I.dvisor analyzed 24 stocks in the Internet Retail Industry over the last three months, and discovered that 24 of them (100%) charted an Uptrend while none of them (0%) trended down. Tickeron A.I.dvisor found 72 similar cases when WTRH's price jumped over 15% within three months. In 43 out of those 72 cases, WTRH's price went up during the following month. Based on these historical data,Tickeron A.I. thinks the odds of an Uptrend continuation for WTRH are 60%.
Current price $5.34 is above $2.60 the highest resistance line found by Tickeron A.I. Throughout the month of 06/29/20 - 07/30/20, the price experienced a +103% Uptrend. During the week of 07/23/20 - 07/30/20, the stock enjoyed a +12% Uptrend growth.
Bullish Trend Analysis
The Aroon Indicator entered an Uptrend today. Tickeron AI shows that in 50 of 89 similar cases where WTRH Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 56%.
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