Uwm chart

Looks like it broke from the descending triangle, tested the resistance as support and it’s heading higher.
Now it’s at the next resistance which is ~$8.13
If it breaks thru, the next resistance is at ~$8.86 then ~$9.50.
If it manages to flip the $9.50 resistance and turn it in support then it has a chance to go to its all time high and beyond
Trend Analysis

Disclaimer