Cactus, Inc. (WHD)'s Technical Outlook is Bright After Key Golden Cross

Group 1 - Cactus, Inc. (WHD) has reached a significant support level and is considered a good investment pick from a technical perspective due to a "golden cross" formation [1] - The golden cross occurs when a stock's 50-day simple moving average breaks above its 200-day moving average, indicating a potential bullish breakout [1] - WHD has experienced a rally of 10.9% over the past four weeks, suggesting it could be poised for further gains [3] Group 2 - The stock's earnings expectations have improved, with two upward revisions in estimates over the past 60 days, indicating a bullish trend [3] - The Zacks Consensus Estimate for WHD has also moved up, reinforcing the positive outlook for the company [3] - A combination of earnings estimate revisions and technical indicators suggests that investors should monitor WHD for potential gains in the near future [4]