UWM Holdings Corporation engages in the residential mortgage lending business in the United States. The company originates mortgage loans through wholesale channel. It originates primarily conforming and government loans. The company was founded in 1986 and is headquartered in Pontiac, Michigan.
UWMC is putting in an inverse head and shoulders. Looking at a price target of 7.75-8.50 on the run.
a lot of people have the right idea of which stocks to buy, but they usually buy them at the most inconvenient times. when they sell, that is when i buy and when they buy, that is when i sell. i really have no idea what this stock is, or what it does, nor does it matter to me. all i know is where it is going to go ~ --- wave 3 target = $18 💸
Airlines have had quite the run up since the low. Warren Buffet is way past his prime. BUT WTF IS THIS PRICE ACTION!? I've done a fair amount of "research" into the numbers here and here's my best attempt to make sense of it. We all know the COVID correction was the E wave of a triangle. That was obvious. You see it on every major index. Triangles happen in wave...
Contrary to what the loudest Karp fanboy is saying, this stock (and other similar ones... QS, SPCE, CCIV) are still correcting. But there's plenty of opportunity to make GAINS. I show a clear 5 waves down which would be completion of A to the 786 retracement. You broke divergence which is more evidence of a C leg down. Clear EW subdivision shown. Right here we...
Looking at the picture I see a small Accumulation to the upside. Even If I am wrong and we see a dip from the wedge I will be playing straddle options tomorrow on the weekly's depending on how premarket movement goes. Straddle at current price right now, if underlying hits $10.50 that would be close to 100% profits.
UWMC 2HR TF ------------------- Analysis Parabolic move approaching. uwmc is one of top trending names in wsb chat and unusual activity in call flow has been coming in hot past 2 weeks. UWMC over 11 is the breakout level. Targets: 11.73, 12.38, 15
wimpy play here, but pointing out the obvious compression after the exponential run up. We tagged the long term trendline and are bouncing in a corrective ABC structure. 2 potential target zones identified depending on the size of this bounce. Using other SPACs, Us major indices, and DXY as a proxy for this play, I actually favor the higher targets near...
Breaking out of it's consolidation area. i read that it was listed on the MSCI index today. Dividend is in 10 days....short positions have to cover or pay the dividends. Plus this stock is all over reddit WSB talking about short squeeze....and it pays dividends. Did i mention its the # 1 wholesale lender in the US that makes sick money every quarter ? Just sayin
UWMC weekly right now hitting the middle band around the $8.60 range When we advance passed that we should move to about the $10.20 range before more resistance is hit with the upper wicks on previous candles. After that it could go back to all time highs. Let’s see how this one plays out in the coming days and weeks.
UWMC...nations larget wholesale lender. pays a dividend. just broke to higher high. This is a good one for the long haul !
backtesting today on daily timeframe from breakout yesterday. Looking great so far
Had a breakout yesterday of descending wedge it’s been in for the longest. Such a pretty setup with this and the double bottom.
Here's the weekly view for UWMC. Daily looks great as well and is breaking out of a wedge, but wanted to point out the beauty of the weekly time frame. Look at this double bottom w/ a bullish engulfing candle this week !!! If this doesn't get you excited ...then...
Double bottom. Bullish divergence on Mac d and rsi. Stock also pays a dividend so that’s a plus.