Is $WBD about to see a massive move?

Jun 25

WBD has been consolidating in a bull flag for over 6 months now and it looks set to breakout soon.

It also looks like there's an adam and even bottom within a massive inverse head and shoulders pattern forming on the chart.

If it can break out of the flag to the upside, and above the $30 area, it looks like we could see a large move into the $40-52 region, and potentially higher.

I've marked off key resistances areas on the upside.

Let's see how price action plays out over the coming weeks.

Jul 7

Trade closed manually

Not lookking good anymore