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JenRz
Jun 8, 2021 6:20 PM

"Scene of the Crime" trade- Short WEN  Short

Wendy's Company (The)NASDAQ

Description

I'll make this as short as possible. In a nutshell, I was guided to WEN last Friday through my dowsing. I've never looked at it before and thought it was crap (Wendy's really?), until I happened to review my journal today and check on WEN and see it up 22%+. It's heading to test the HOD atm (28.66).
A little while ago today I had kind of an energy download (?) and had to close my eyes and get quiet and felt I received the message that WEN is going to reverse back down.
Then, my husband told me that the Reddit people are reported to have caused this move, so it would make sense it could reverse back.
I checked with my dowsing and, basically, get to short it tomorrow (I think) or at least look for a high around $29.48.
I'm aware this sounds crazy, but I guess we'll see!

Comment

Wow, I only posted this 25 minutes ago and WEN has already hit 29.46 as the HOD.
Levels I offer are not expected to be hit to the tick, but are more like a zone, and lots of times it only acts as a first point of resistance and can continue.
Because I think the nature of this move is a total reversal back down, I think the level could actually hold, but who knows. The guidance also could have been suggesting that the move up will not last and my timing could be off too.

Comment

This is a pretty one so far. The after hours got to almost $31 I think, but HOD was intact yesterday within 2 cents of the level I received.

Comment

And it keeps going. I'm retiring this one as a win.
Comments
cocoover1
can we see 26$ tomorrow?
JenRz
@cocoover1,
I wish I could give you a confident answer. Instead I will tell you that I have something occurring friday morning when I asked when it could go back to $26.
Many times when I get dates, it will be a swing hi or low, so it could be it actually hits 26 Friday, or makes a low on Friday... or a high! It's not that easy and I'm still learning.
I do get that WEN will see new lows. Now, that could be breaking today's low only, but I have a suggestion it could be yesterdays LOD. We'll see how it plays out, but I get a topping out process more than a straight peak. So, unfortunately, that often means a little waiting.
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