KlejdiCuni

UWMC: Pattern After Pattern The bullish momentum is growing

Long
NYSE:UWMC   UWM HLDGS CORP
$UWMC joined the NYSE on January 22, 2021. During that day we can see that the price reached its minimum at $ 10.95 and the maximum at $ 12.35. Even the lowest historical price from the chart shows that it was around $ 9.90. If we make a measurement from the lowest price we will notice the depreciation of the stock with a value of 20.30%.
On the other side, $UWMC reported a 4Q20 net income of $1.37 billion and FY20 net income of $3.38 billion, an 821% and 715% increase over 4Q19 and FY19 respectively. The Board of Directors of UWMC declared its first regular quarterly dividend of $0.10 per share on the outstanding shares of Class A Common Stock.
So we can say that the company is very solid as long as the profits are very good and they declared a regular quarterly dividend.
The only problem the price is at this level is the fight against $ RKT. But as I see it all will be resolved because no one wants to ruin the business.



🛑Disclaimer🛑
The content of this analysis is subject to change at any time without notice. Trading leveraged products carry a high level of risk and may result in you losing substantially more than your initial investment. This is not financial advice.
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Comments

Lol Bro - every time you do a TA stock goes the other way. I'm going to follow you and just do the opposite of your predictions going forward.
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nice analysis buddy
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good job,Thanks for sharing.
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Thank you for your insight.
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Beautiful setup!
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Amazing Klejdi, love the work
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@FuboTV, Thanks buddy. I appreciate your support:)
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Great job as always
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great chart
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