Sell signal, week 2: an isolated bounce stalls the move
TeraWulf bounces 3.7%, but sellers still dominate the volume
Sell signal, week 2: an isolated bounce stalls the move
Our view last week
TeraWulf enters a fresh sell signal, just in week 1, and the week just closed down 18%. The downtrend is making lower lows with the pace holding, and signal strength climbs to the maximum, 100 out of 100. The setup quality indicator sits at 48 out of 100, in the ordinary range: the stock ranks 125th among the 137 US sell signals.
This week's summary
After an isolated 18% plunge last week, TeraWulf bounces 3.7% and the sell signal stalls without a fresh low: the push has lost steam, and signal strength drops from 100 to 40 out of 100. Volume tells another story — only 8% of last session traded on the buy side — and with the stock still more than 134% above its 200-week average, our model flags it as high risk: trading not recommended.
IQS Phase
57
ordinary
Signal Strength
40
isolated weekly drop
Sizing
REDUCED
Ranking
#25 / 137
US stocks sell signals
Trade P&L %
-3.73%
from signal to today
restricted Platinum content