DWAC Stock Price Prediction: Can DWAC Break Above The Channel?

DWAC Stock Price Prediction: Can DWAC Break Above The Channel?

1
DWAC stock price gained 12% in the last week to close at $104.49.
2
Digital World Acquisition Crop. stock price took support from the key moving average, 50-day EMA. 
3
DWAC’s share price chart is forming a bullish flag pattern.
Digital World Acquisition Crop. (DWAC stock) price surged nearly 12% in the last week and closed at $16.43. The price action analysis states that the price has been forming a parallel channel pattern popularly known as a bullish flag. Analysts say that the price trades at the upper edge of the channel which might be the make-or-break level for the stock. 
The DWAC Stock daily chart shows that the price was been in a long-term declining trend since March 2023. The price declined forming lower highs and lower lows. However, the price stopped forming new lows in March and consolidated at the lower levels showing the accumulation of the buyers at the lower levels.  
Recently, the stock opened a gap-up which cr

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