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BoneLordWuDong
Jun 30, 2021 5:28 PM

$UWMC finally finds a floor and is ready to rebound Long

UWM Holdings CorporationNYSE

Description

Massive short interest plus a surprising lack of volume following Russel Index inclusion disappointed the retail investor sending the price unreasonably low. Support level of 8.48 has been tested and I expect institutional buying to begin at these bargain prices. Volume must pick up to create bullish momentum. This is a well established company with a high dividend payout and is Russel indexed the Institutional buyers will drive the rebound.
Comments
DylanKitt_325
The floor is $6.50 they miss on earnings every time
Winks01
@DylanKitt_325,load up at 6.50 you say
draxer03
just keeps on going down...if it doesnt hold $8 idk
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