RWS: Weekly uptrend remains stable

29 Des 2021

Although RWS can be a volatile stock, we've seen the weekly support level is a strong one to add more positions. We sold SDL after the takeover announcement by RWS and then we bought it when it finished its correction in January 2021. It's a good one for the long-term not only by technical but also fundamentals, as translation software is growing in importance everyday and it has a good dividend yield.