Winnebago was lastly traded at around $64.20. Today it is announcing quarterly earnings and if market anticipation is positive then it should test its resistance level at around $68 otherwise it could fall towards its support level of around $55.
Hello Traders and welcome to AAATrade’s Intraday Technical Analysis session.
Today’s instrument is the Winnebago Industries, a manufacturer of recreational vehicles (RVs) and marine products with a diversified portfolio used primarily in leisure travel and outdoor recreational activities, whose stock is traded in NYSE under the ticker (WGO).
Looking at the WGO’s chart, we can see that it was lastly traded at around $64.20.
Today it is announcing its quarterly earnings and if the market’s anticipation is positive then it should test its resistance level at around $68, otherwise it could fall towards its support level at around $55.
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