i like wolverine here and this is why:
The stock had a nice uptrend since the last earnings and then start to relax a little bit and did a correction. The upmove was very strong and had a lot of volume. After that, the stock slow down for a time with low volume ( People are taking profit and not a lot of people are buying) and then today , the stock did a nice gain with high volume. The stock continued his previous uptrend. So we see a nice upmove on the upside from earnings, then the stock slow down, took a break and then today we see a continuation from the previous trend with good volume. Since the stock has already 4 days in a row on the upside, i will wait for the correction to buy it around the support line.
The stock had a nice uptrend since the last earnings and then start to relax a little bit and did a correction. The upmove was very strong and had a lot of volume. After that, the stock slow down for a time with low volume ( People are taking profit and not a lot of people are buying) and then today , the stock did a nice gain with high volume. The stock continued his previous uptrend. So we see a nice upmove on the upside from earnings, then the stock slow down, took a break and then today we see a continuation from the previous trend with good volume. Since the stock has already 4 days in a row on the upside, i will wait for the correction to buy it around the support line.
