KlejdiCuni

UWMC: Update 2 - Why Is This Stock Becoming Interesting Now?

Long
NYSE:UWMC   UWM Holdings Corporation
$UWMC made a full retest of the support zone up to $7.67 like all the other stocks that moved lower yesterday. Today the price made a nice reaction and recovered 6.5%. The support zone is showing its power. The price is making ABC moves that are corrective waves. So as we can see the next minimum target should be $9.6 for another corrective move. If the price is going to get more bullish momentum we have to see for a higher movement again.
The volume of buyers is growing

Targets:
$9.60 or 18.23%
$10.67 or 31.40%
$11.52 or 41.70%


Thank you and Good Luck!
First analysis:


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