Consistent Uptrend Momentum!

The candlestick indicates a price fluctuating between consistent highs and lows as indicated by the resistance and support channel whereas the channel benefits as a guideline to predict price peaks and troughs. The price is within the lower channel and provides a buying opportunity.

From the previous trades, there was no significant result in volume. Where the volume hasn't yet crossed above the MA line although price action is in place.

MACD and RSI indicate a divergence signal that is aligned with the candlestick uptrend toward the next price resistance.

Let's save WCT in WL and watch out for price action with result in volume crossed above the MA line.

R 0.585
S 0.460

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.