UWM is turning around, have a good feelings about this!
There has been a lot of drama lately in the SPAC market ( SPACK ATACK) as most of them have lost significantly.
However IMO this could be a long term profitable holding.
Here are the good news :
We see higher lows and the bottom has been set.
Macd has turned bullish on March 2nd and remained there. If Macd will cross above zero, bullish trend is confirmed.
We also will need to break above $10 and stay above it to confirm bullish move which may take another couple of weeks.
This is not a financial advice.
However IMO this could be a long term profitable holding.
Here are the good news :
We see higher lows and the bottom has been set.
Macd has turned bullish on March 2nd and remained there. If Macd will cross above zero, bullish trend is confirmed.
We also will need to break above $10 and stay above it to confirm bullish move which may take another couple of weeks.
This is not a financial advice.