$WSG - Accumulation

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Continuing our analysis of the stock, I maintain an average price of 100.19.

Last analysis:

Since the last breakout of the 1-month Donchian Channels on 02/18/2025, the asset has been in an accumulation phase.

This breakout also coincides with the breakout of the 3-month simple moving average (yellow line) since 02/13/2025.

The other moving averages, such as the 2-week and 1-month exponential moving averages, and the 1-year simple moving average, confirm the uptrend in both the short and long term.

Strong volumes on 02/05/2025 (preventing further decline) and on 02/18/2025 (with the mentioned breakouts) support the conclusion of a trend renewal to the upside.

What do you think?