Post by
Royal10 on Jan 22, 2024 3:16pm
WELL: buying opportunity!
Market Beat writes that CIBC has price target of $4.75 on WELL.
Sellers are crazy: according to CIBC:
an investor who buy at the present price ($3.66) and sells at $4.75 makes a gain of 30% on the trade!
Those who are short on WELL should cover as soon as possible because many investors will react with strong bids tomorrow. Don't forget that Well could be a takeover at these low prices!
Comment by
Royal10 on Jan 22, 2024 3:26pm
Those who use technical analysis to buy stocks should consider that with today's drop, WELL is completing a double bottom that will give us a target of at least $5.00!