Wendy's Abstract Idea

NASDAQ:WEN   Wendy's Company (The)
Many up channels can be drawn on chart
The lower red dotted line can be seen as a point of retesting
A common pattern can be observed in white rectangle , which shows a large wick (red circle)
I assume this pattern will repeat just on a larger scale, causing a short lived price rise, followed by a large dump, below the red line


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