WLDN has broken through the resistance level. Can I increase my position?

**Willdan Group's (WLDN) recent performance and contract win suggest a positive outlook**, which could support increasing your position. Here's an analysis to back this up:

1. **Technical Breakthrough**: WLDN's stock closed at $66.595 on July 1, 2025, representing a 6.53% increase. This marks a significant break through the resistance level, indicating a potential upward trend in the stock's price.

|code|Ticker|Name|Date|Closing Price|Percentage Change|market_code|
|---|---|---|---|---|---|---|
|WLDN|WLDN.O|Willdan Group|20250701|66.595|6.534954407294835|185|

2. **Contract Win**: Willdan Group has been awarded a $9.8 million technical services contract by the California Public Utilities Commission to support the Integrated Resource Plan. This substantial contract is a testament to the company's capabilities and market demand for its services, which could positively influence its financial performance and stock price.
3. **Financial Performance**: The company has reported strong Q1 2025 financial results, exceeding analyst expectations. This demonstrates the company's financial strength and ability to deliver robust results, which could attract more investors and boost its stock price.
4. **Market Sentiment**: The company's recent news highlights its strategic initiatives, such as the acquisition of Alternative Power Generation and the expansion of its credit facilities. These moves are likely to enhance the company's operational capabilities and market position, potentially leading to increased investor confidence and stock price appreciation.
5. **Economic Conditions**: While broader economic indicators are not directly related to WLDN's stock decision, sustained economic growth and favorable policies supporting clean energy initiatives could create a conducive environment for WLDN's stock to continue its upward trajectory.

In conclusion, WLDN's technical breakout and significant contract win provide a solid foundation for considering an increase in your position. However, it's important to align this decision with your overall investment strategy, risk tolerance, and diversification goals. Always consider consulting with a financial advisor to ensure the decision aligns with your investment objectives and market conditions.