The analyst is building a long position in WYFI, having started buying at $33, with price targets of $58 and $81 for subsequent waves.
Building a position with specific price targets for Wave 3 and Wave 5 indicates a bullish stance.
I have been building a position this week $WYFI We started buying at $33 PT is $58 for Wave 3 PT is $81 for Wave 5.
| Horizon | Raw move | vs SPY |
|---|---|---|
| 1 day | -10.0% | -9.9% |
| 1 week | +5.2% | +5.2% |
| 1 month | -32.2% | -32.3% |
| 3 months | — | — |
| 6 months | — | — |