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WOLF hitting 40 by end of month?
Seeing $WOLF drop today to 44.56, after flirting with 48 earlier, makes me wonder about its near-term floor. Given the broader tech sector jitters and some of the recent news out of suppliers, I'd put the odds of seeing 40 before month-end at around 60%. It's not a conviction play, more of a creeping realization that support around 43-44 is looking a bit weak on these volume spikes. Not looking to trade it, just observing.
3 comments · 1 points
I'm not sure 40 is the floor you should be looking at. If the broader market keeps bleeding, WOLF could easily slide further, regardless of its own support levels.