$WNC similar cup with handle look to #AXON another one to watch. Almost everything else is all over the place with wide range bars.
$WNC big 38 weeks cup with handle setup with a nice handle that is setting up a good handle supply line.
WNC: Wabash National Corporation 2021-08-19 16:30:00 Wabash National Corporation Announces $150 Million Increase to Stock Repurchase Program
WNC is over sold with and RSI of 38. I like the double bottom at 17.42 and the proximity to the YTD POC. I think this is close to support . Id like to see it hold 17.42 for a swing trade. target: 18.61, 19.36
TARGET HIT @ 18.70 This was actually quite a long hold for small gains, but in a correction you can’t complain… 89 days for 9.74% 😬
I expect the price to fall a little more towards the support zone of 9.51 to 10.87 before we see a rebound. Trade safely, Always use a SL , employ appropriate risk and capital management. GBU
WNC: Wabash National Corporation 2018-11-15 06:45:00 Wabash National Corporation Announces $100 Million Increase to Stock Repurchase Program
Short WNC at $23.5 as it is overbought and will be pulled back in a couple of weeks.
WNC is a short entry with rising wedge pattern