demyanchuk
Long

A lot of levels, but unique chance for bulls

NYSE:WAB   WABTEC CORP
Main signals:
1-breakout of local and monthly short trends
2-double bottom formation
3-ongoing test of 70.00 price level (we hope for the bulls' test)

Now there is a beginning of local consolidation.
We advise waiting and after that buy the breakout of top consolidation's line
or 73.11 breakout of double bottoms' neck.
Stop loss under consolidation's low.
Target 80.00 (Elliots' waves+strong resistance).

Related Ideas

aibek
3 months ago
Excellent chart! I think this one should go to 90 where C=A
Reply
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