This is the 2nd day in a row whr has seen its price head up.
Regarding the trend, note that the strongest trend exists on the 50 day timeframe.
On the other hand, technology hedge funds weren’t timid and registered double digit market beating gains.
This is a reversal of the price action on the previous hour, in which price moved up.
One of the biggest challenges for me this year has been trying to establish a fair valuation for the company going forward.
It’s been a feast for bulls operating on the daily timeframe, as whr has now gone up 5 of the past 5 days.
Regarding the trend, note that the strongest trend exists on the 100 day timeframe.
NYSEARCA:ITB, NYSEARCA:XHB, NYSE:PHM, NYSE:LEN, NYSE:WHR, NYSE:LOW