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LeLaf
Nov 24, 2021 12:38 AM

WMK: Bullish Pennant (23%) Ascending Triangle (44%) Long

Weis Markets, Inc.NYSE

Description

WMK is showing a bullish pennant on the daily chart with a possible target price of 79.10$.

The weekly chart's ascending triangle shows some additional potential gains with a price target of 86.05$.

The weekly chart of the sector to which WMK belongs (Consumer Staples) is currently into a confirmed ascending Triangle with a possible total price action increase of 26%. This will help push WMK towards its daily and weekly price targets.

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