Whirlpool’s (NYSE: WHR) stock downtrend may not be over; however, the technical, fundamental, and market forces are aligning, suggesting downside is severely limited and the upside potential is robust.
The chart, whether it be daily, monthly, or weekly price action, reflects a market that is trending lower but extremely oversold and overextended, ready for a rebound underpinned by improving operational quality and sell-side interest.
