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WMK - Assessing If Weis Markets' Multi-Year Lows Are In
Weis Markets Inc.
Shares of Weis Markets, Inc. (WMK) have been caught in a trading range for the best part of 6 months now. Price has remained above $35 a share on multiple occasions, though, throughout this time-period. In fact, back in May and June of this year, we saw some insider buying namely from the Chief Operating Officer and Chief Financial Officer. The question now is whether shares have finally mustered up enough momentum to break out of this trading range for good.
If we look at the long-term chart below, we can see that shares consistently