AMEX:WBIL   WBI BullBear Quality 3000 ETF
A head and shoulders pattern has developed on WBIL ETF, a short position is recommended when the price breaks the neck resistance.

The Place Position is encouraged after the price reaches at least $26.02 per share. Take profit as long as the head around 24.24 per share approx. and Stop Loss near $26.56 if the price moves away from the pattern. The Risk/Reward ratio is 3.3.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.