3D·

Wolters Kluwer

It keeps going downhill

how much further down do you think it can go? $WKL (-0,32%)

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17 Comentários

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It can go down to 0. 🤓

Any lower would be nonsense. And others are responsible for that here! 🤷
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Technically, there is still room to the downside. Strong negative trend and negative momentum, SMA 20 below SMA 50, also SMA 100 below SMA 200. The current very low RSI could indicate that the stock is oversold. However, this alone is probably not enough for an improvement
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Way down we go 🎶

You should be happy to buy at lower price, However there is negative momentum around the stock right now for 2 reasons:

$TRI which is one of his closest competitors report flat revenue growth and the stock fell, so in simpaty also $WKL is falling

Plus, in February the old CEO declared departure from the company after 20+ years and the market is worried about the new one (basically the stock started to go down from February this year)
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@Multibagger possibly a nice trade to short? Haven't found any more ask prices this late in the evening 😅
Downtrend is definitely in tact 😶‍🌫️📉
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The sell-off is already brutal. Without mercy
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Why keep going downhill, the only way is up 🤣
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@SunriseRanger ne downward trend
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