We need to wait for strong confirmations
UNFI is in a strong uptrend, showing sharp movements and noticeable fluctuations. It had a powerful ascending trendline, but recently, it has broken this trendline and is now ranging below it in the lower timeframes. We have a bearish scenario for UNFI, and we need to wait for strong confirmations before considering any downward movements.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.