Jan. 14 at 1:02 AM
$RWT continues to show strength as it consolidates near the top of its short-term trend. With a massive dividend yield and positive insider sentiment, the structure remains constructive for a potential breakout.
Key Levels to Confirm:
🐂 Bulls: Need a clean hold above
$5.75 to target the next resistance at
$5.84 and eventually
$6.00+.
🐻 Bears: A break below the
$5.52 -
$5.55 support zone invalidates the immediate bull case.
#hovdid