Text me if you have any questions/comments for me.
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NWF
- Previous analysis was done on 15 Sep (red arrow) - Suggested waiting for a series of Higher Highs (HHs) and Higher Lows (HLs)
- Since then, the stock has gradually created 2 HHs and 1 HL
- Another retracement and successful rebound would be good for the health of the uptrend
- R is more than...
NWF
- First time doing a written analysis on NWF
- Overall price action before mid-June isn’t attractive -> can signal to a lack of interest in the stock
- Low average volume -> Below 300k
- Low volatility uptrend with almost no pullbacks -> calm waters doesn’t mean there aren’t any crocodiles in them
Pros
- Since 2021, stock respects the moving averages
- Quiet...
