KlejdiCuni

$UWMC: Don't Miss This Buy Opportunity

Long
NYSE:UWMC   UWM Holdings Corporation
Founded in 1986, UWM is the largest mortgage and purchasing maker in the United States with more than 8,000 dedicated team members.UWM is known for its highly efficient, accurate, and fast lending support. Recently, we have seen UWMC mentioned in one of Reddit's forums called WallStreetBets with some other popular stocks like GME, AG, RKT, AMC, and other top names.
Over the past week, according to a Businesswire report, they released a new product called "Prime Jumbo", that will make them quite innovative and competitive in the market.

PS: I will do a step by step analyzing process for this stock ... so don't miss this

Short Term Technical Analysis: After the deep pullback that the price made on 05-Mar-2021 up to $7.75, we can see a clear reaction that the market wants to push the price higher. The reason I am saying this is that the price reached $10 on 18-March-2021 and after that, it retested the support area again. The support area is set near $8 and as long as it is holding the price for the 3-rd time it gives more value to the potential upward movement. Buy zone: $8.20 - $8.50

Targets:
$9.60 or 18.23%
$10.67 or 10.67%
$11.52 or 11.52%

Thank you and Good Luck!


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