Warner Music Group Corp.
Alış

$WMG building a second tier base

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Lately I've transitioned into focusing more on longer term swing trades. It helps with drowning out the noise and zooming out to the bigger picture. After all, money is made in sitting and waiting.

This is the weekly chart of $WMG. It's a clear illustration of accumulation of the stock, before an emphatic break above its IPO high of $35ish. It's building another base now. This is more of a long term hold -- watch the break of $40 to come in time.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.