Wabash National Corporation : Price acceleration in sight!
Entry price | Target | Stop-loss | Potential |
---|
US$12.53 |
US$0 |
US$12.1 |
-100% |
---|
The upward trend could spur Wabash National in coming sessions.
The group enjoys upward revisions in earnings per share and growth perspective.
Following a bullish wave, the stock now shows a slight decline that should lead it toward its USD 12.32 midterm support. At this level, a re-boost of buyers would enable an upturn in the medium and long term.
The decline observed in the short term offers an interesting entry point for a mid-term trading strategy. Thus, investors could take advantage of the current prices level to buy Wabash National. The target will be set at USD 13.8. The stop loss will be triggered below the USD 12.32 support at USD 12.1.
The content herein constitutes a general investment recommendation, prepared in accordance with provisions aimed at preventing market abuse by Surperformance, the publisher of MarketScreener.com. More specifically, this recommendation is based on factual elements and expresses a sincere, complete, and balanced opinion. It relies on internal or external data, considered reliable as of the date of their release. Nevertheless, this information, and the resulting recommendation, may contain inaccuracies, errors, or omissions, for which Surperformance cannot be held responsible. This recommendation, which in no way constitutes investment advice, may not be suitable for all investor profiles. The reader acknowledges and accepts that any investment in a financial instrument involves risks, for which they assume full responsibility, without recourse against Surperformance. Surperformance commits to disclosing any conflict of interest that may affect the objectivity of its recommendations.